U.S. President Donald Trump holds a signed executive order on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S. File | Photo Credit: Reuters The U.S. Supreme Court struck down on Friday (February 20, 2026) President Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy. The justices, in a 6-3 ruling, upheld a lower court’s decision that the Republican president’s use of this 1977 law exceeded his authority. The Supreme Court reached its conclusion in a legal challenge by businesses affected by the tariffs and 12 U.S. states, most of them Democratic-governed, against Mr. Trump’s unprecedented use of this law to unilaterally impose the import taxes. Mr. Trump has leveraged tariffs – taxes on imported goods – as a key economic and foreign policy tool. They have been central to a global trade war that Mr. Trump initiated after he began his second term as president, one that has alienated trading partners, affected financial markets and caused global economic uncertainty. Published – February 20, 2026 08:46 pm IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation SHRC orders probe into youth’s death after falling into a roadside pit in Idukki Install statues of freedom fighters, BJP tells govt.