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Top · CBS LatestFri, 20 Feb 2026 12:13:32 -0500

Supreme Court strikes down most of Trump's tariffs in major defeat

The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law. The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law.