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NYSE after Supreme Court rules against President Trump’s tariffs

visibility comment0 event February 20, 2026 timer 18:12

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The Supreme Court dealt a major blow to President Donald Trump’s economic agenda, ruling that he does not have the authority to impose sweeping tariffs at the stroke of a pen.

The court on Feb. 20 tossed the tariffs that are the centerpiece of his economic policy and a major foreign policy tool – but that have also raised costs for consumers and businesses. It is the first major ruling against Trump’s controversial expansive view of presidential power.

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