What the IEEPA SCOTUS Ruling Means for American Freight
The Supreme Court ruled 6-3 that IEEPA does not authorize the President to impose tariffs. Within hours, the White House invoked Section 122 of the T...
Last updated: 2026-02-23 13:46:50 ET
Pulse AI Brief
Updated Feb 23, 2026 12:00 PM ET
President Trump has announced new tariffs following a Supreme Court ruling that invalidated previous levies, reigniting global trade tensions. The tariffs are expected to affect key U.S. trading partners, including the UK and Australia.
The announcement has led to increased volatility in global markets, with potential adverse effects on international trade and economic growth prospects.
This development highlights the ongoing unpredictability of U.S. trade policy and its potential to disrupt international economic relations.
The Supreme Court ruled 6-3 that IEEPA does not authorize the President to impose tariffs. Within hours, the White House invoked Section 122 of the T...
Tariffs need to become law or the federal budget will take a hit. Lawmakers have less than 150 days to decide.
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US allies will suffer the biggest hit from the president's latest announcement, think tank Global Trade Alert says.
Jamieson Greer says the legal basis for global import taxes will simply adapt to Friday's Supreme Court ruling.
Tensions have remained on high alert throughout the Middle East for weeks after U.S. President Donald Trump indicated a strike on Iran could be immine...
Many important U.S. trading partners are facing higher duties after President Trump, reacting to a Supreme Court setback, set the rate on a new set of...