U.S. Supreme Court Rules Against Trump Tariffs; Trump Introduces New Tariffs

On 20 February 2026, the U.S. Supreme Court issued its judgment (opinion) in Learning Resources v. Trump, finding that the Trump Administration does not have the authority to impose broad tariffs under the International Emergency Economic Powers Act of 1977 (IEEPA). This upholds the Court of Appeals decision that upheld the 28 May 2025 decision of the U.S. Court of International Trade. In its …