Vol. II · No. 14Current Events · TBBT
InsightsCurrent Events··5 min read
Trump tariffs struck down by US Supreme Court. What’s next?
VI
Victor Chen
The News
On February 20, 2026, the U.S. Supreme Court struck down President Trump's "reciprocal" tariffs in a 6-3 ruling, deeming them an overreach of executive power under the International Emergency Economic Powers Act (IEEPA). In response, Trump signed an executive order imposing a new 10% global import tariff under Section 122 of the 1974 Trade Act, quickly hiking it to 15% the next day as "fully allowed and legally tested." By March, Customs and Border Protection status updates confirm ongoing implementation of the executive order.
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