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The Impact of Supreme Court Rulings on Trump’s Tariffs_ Part 2

The Impact of Supreme Court Rulings on Trump’s Tariffs_ Part 2

Published 3 days, 16 hours ago
Description
The recent ruling by the Supreme Court has sent ripples through the complex web of tariffs that President Trump imposed during his administration. On February 20, 2026, the Court ruled 6-3 that President Trump's use of the International Emergency Economic Powers Act, or IEEPA, to impose those sweeping tariffs was unconstitutional. This decision is significant because it essentially states that the power to impose tariffs lies with Congress, not the President.
The implications of this ruling are monumental, especially for businesses and consumers who felt the burden of these tariffs. Just to give you a sense of scale, prior to this ruling, the tariffs generated around $133.5 billion in revenue. That’s a staggering amount that’s now in question. With this Supreme Court decision invalidating tariffs on imports, including those from countries like China, Canada, and Mexico, many are now asking - what happens to that money?


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