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Supreme Court Trump tariffs ruling could put U.S. on hook for $175 billion in refunds, estimate says
The Supreme Court ruled 6-3 that the International Emergency Economic Powers Act does not authorize tariffs, risking refunds exceeding $150 billion, a major check on executive power.
- On Feb. 20, 2026, the U.S. Supreme Court issued a 6-3 opinion led by Chief Justice John Roberts that invalidated President Donald Trump's tariff authority under the International Emergency Economic Powers Act of 1977 .
- Legal actors treated the case as a novel test of presidential emergency trade authority, with Trump proposing a temporary 10% global tariff under Section 122 powers, prompting litigation.
- Trump attacked justices who voted against him and praised Brett Kavanaugh, Clarence Thomas, and Samuel Alito, with CNN's Kristen Holmes saying `He is clearly angry.'
- He learned the ruling while meeting governors and immediately signaled a backup plan, while Congress faces a 150-day window to extend any implemented tariff.
- A reporter asked whether dissenting justices will attend the State of the Union on Tuesday, Feb. 24, amid the political stakes from the court's ruling, which Trump criticized.
339 Articles
339 Articles
According to the Supreme Court's ruling against Trump's import tariffs, business associations require billions of dollars to be refunded – but whether they see money in a timely manner is open.
Because the U.S. Supreme Court has largely overturned tariffs in the US, many hope for a relaxation of the situation. But is Trump really likely to de-escalate?
The Supreme Court struck down a bunch of Trump's tariffs. Now what? : Planet Money
Live event info and tickets here.The Supreme Court has spoken. Those big, sweeping tariffs that President Trump imposed early last year? They’re illegal. On today’s show: Why were those tariffs struck down? Will anyone get refunds? And …what about this new 10 percent tariff the President just announced today? Plus — a growing market for tariff refunds.Further Listening: - Worst. Tariffs. Ever. - Tariffs: What are they good for? - What "Made in…
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