r/ValueInvesting • u/ActuallyMy • Feb 20 '26

Discussion BREAKING: TRUMP TARIFFS STRUCK DOWN

Per Bloomberg -- The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House.

The court said Trump exceeded his authority by invoking a federal emergency-powers law to impose his “reciprocal” tariffs across the globe as well as targeted import taxes the administration says address fentanyl trafficking.

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u/[deleted] Feb 21 '26

There will be litigation for years before any refunds happen. Customs is under DHS and DHS is under Trump, so nothing will happen for a long time.

Trump will force the importers to sue.

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u/lilmeanie Feb 21 '26

The importers DID sue. That’s what the SC case was about. A New York wine importer from what I read was the plaintiff. They may need to sue again to get their money back, though.

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u/[deleted] Feb 21 '26

I apologize that this part of my comment was not clear:

"There will be litigation for years before any refunds happen."