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- US Supreme Court Rejects Trump Tariffs Live Updates: 'If he wants sweeping tariffs, he should go to Congress': Neal Katyal reacts to Trump's new 15% duties
THE TIMES OF INDIA | Feb 22, 2026, 22:34:42 IST
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US Supreme Court Rejects Trump Tariffs Live Updates: 'If he wants sweeping tariffs, he should go to Congress': Neal Katyal reacts to Trump's new 15% duties
US Supreme Court Ruling Trump Tariffs Live Updates: A day after US Supreme Court's ruling, President Donald Trump raised global tariffs to 15%. He had earlier announced a 10% global tariff after the apex court deemed his administration's reciprocal tariffs to be illegal. In a 6–3 decision, the US Supreme Court ruled that President Trump overstepped his legal authority by imposing broad tariffs without clear approval from Congress. Writing for the majority, Chief Justice John Roberts said the law does not grant the president unlimited tariff powers under emergency provisions. The ruling represents a major blow to Trump’s foreign policy and economic agenda.
00:46 (IST) Feb 21
'India is paying tariffs to us, not other way around'
"India is paying tariffs to us, and we are not paying tariffs to them," says Trump.
00:22 (IST) Feb 21
Wall Street keeps calm after the Supreme Court strikes down Trump's tariffs
Wall Street is keeping calm Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, which had triggered panic in financial markets when announced last year, and stocks are drifting in mixed trading.
The S&P 500 was 0.3% higher in midday trading. It had been flipping between small gains and losses before the court's ruling, following discouraging reports showing slowing growth for the U.S. economy and faster inflation.
The Dow Jones Industrial Average was down 20 points, or less than 0.1%, as of 1:30 p.m. Eastern time, and the Nasdaq composite was 0.5% higher.
Many on Wall Street were likely expecting such a ruling from the Supreme Court, according to Brian Jacobsen, chief economic strategist at Annex Wealth Management. That likely led to the relatively muted reactions across financial markets, and trading remained tentative as investors tried to suss out the long-term effects.
Contributing to the cautious trading was the thought that tariffs may not be going away, even with the Supreme Court's ruling. Jacobsen said he expects Trump’s White House to shift strategy and use tariffs that target specific countries or industries.
The stock price of Ralph Lauren, meanwhile, rushed from an early loss to a gain of 3.3% after investors learned of the Supreme Court's ruling. But it quickly gave up all the gain before recovering slightly and was up by 0.7% in midday trading. During April last year, the stock had dropped nearly 23% in just four days after Trump announced his tariffs because of worries about how they would hurt its profits.
In other markets, gold’s price slumped briefly after the ruling before erasing its loss. Stock indexes in Europe added some to their gains from earlier in the day, while the U.S. dollar's value edged down against the euro and other currencies. (AP)
00:17 (IST) Feb 21
'I can do anything,' says Trump
"I can do anything I want," Donald Trump declared in his address as his first reaction to the Supreme Court’s landmark ruling on Friday, a major setback to his second stint in the presidency.
Read full story here00:07 (IST) Feb 21
Trump to sign order to impose 10% global tariffs
Today, I will sign an order to impose a 10% global tariff under Section 122, over and above our normal tariffs already being charged and we're also initiating several section, 301 and other investigations to protect our country from unfair trading practice: Donald Trump
00:04 (IST) Feb 21
'We have very powerful alternatives': Trump
"There are methods that are even stronger, available to me," says Trump, suggesting he could use alternative tariff strategies despite the adverse ruling.
23:56 (IST) Feb 20
Supreme Court 'swayed by foreign interests,' says Trump
Donald Trump says Supreme Court has been 'swayed by foreign interests'; calls judges 'lap dogs'
23:55 (IST) Feb 20
'Deeply disappointing': Trump addresses media; slams SCOTUS
Trump says he's 'absolutely ashamed' of Supreme Court justices who issued 'deeply disappointing' tariff decision.
23:35 (IST) Feb 20
The Supreme Court has dealt a blow to US President Donald Trump’s favourite economic agenda - tariffs, to the extent that the US President has called the ruling a ‘disgrace’.
What does the ruling mean?
Lower tariff burden: At least for the moment!With certain levies imposed under the International Emergency Economic Powers Act (IEEPA) deemed unlawful, the overall US tariff rate is expected to decline, at least in the near term, reports AFP.
What does the ruling mean?
Lower tariff burden: At least for the moment!With certain levies imposed under the International Emergency Economic Powers Act (IEEPA) deemed unlawful, the overall US tariff rate is expected to decline, at least in the near term, reports AFP.
23:35 (IST) Feb 20
'Rightfully struck down': Nancy Pelosi hails US SC order on Trump tariffs
"Trump’s sweeping tariffs were reckless, unconstitutional and costly for America's working families.Today, the Supreme Court rightfully struck them down, upholding the Constitution and rejecting an abuse of executive power that unlawfully taxed millions of Americans.The Court was clear. Tariffs cannot be enacted without the explicit authorization of Congress," tweets former House Speaker Nancy Pelosi.
23:06 (IST) Feb 20
US Supreme Court Ruling Trump Tariffs Live Updates: 'Enraged' Trump to hold presser shortly
The White House announced that US President Donald Trump will hold a news briefing this afternoon following the Supreme Court’s ruling declaring his tariffs illegal.
According to sources familiar with the matter, Trump became enraged Friday morning after learning of the decision, reported CNN.
White House press secretary Karoline Leavitt said the briefing will begin at 11:15 pm.
According to sources familiar with the matter, Trump became enraged Friday morning after learning of the decision, reported CNN.
White House press secretary Karoline Leavitt said the briefing will begin at 11:15 pm.
22:41 (IST) Feb 20
In opinion penned by Chief Justice John Roberts, the court said Trump did not have the authority under the International Emergency Economic Powers Act (IEEPA) of 1977 to impose tariffs and “had Congress intended to convey the distinct and extraordinary power to impose tariffs, it would have done so expressly."
The opinion upholds earlier rulings by the US Court of International Trade and a federal appeals court, both of which found that IEEPA—traditionally used to freeze assets and block financial transactions during national emergencies—did not implicitly authorize tariffs.
The opinion upholds earlier rulings by the US Court of International Trade and a federal appeals court, both of which found that IEEPA—traditionally used to freeze assets and block financial transactions during national emergencies—did not implicitly authorize tariffs.
22:13 (IST) Feb 20
'A disgrace': Trump reacts to US Supreme Court verdict invalidating his tariffs
United States President Donald Trump expressed strong displeasure at the Supreme Court on Friday after it struck down his sweeping global tariff regime, calling the majority verdict "a disgrace" during a private meeting with governors, a person familiar with the president’s reaction told AP.
Read full story21:52 (IST) Feb 20
Trump Tariffs Ruling Live Updates: Hats off to US Supreme Court for striking down Trump's tariff strategy, says Congress
The Congress on Friday hailed the US Supreme Court decision striking down President Donald Trump's global tariffs and said the American system of checks and balances still seems to be working.
In a post on X, Congress general secretary in-charge communications, Jairam Ramesh, said, "Hats off to the US Supreme Court for striking down President Trump’s entire tariff strategy! Quite an amazing decision given its ideological composition."
"A 6-3 verdict is decisive. The American system of checks and balances still seems to be working."
In a post on X, Congress general secretary in-charge communications, Jairam Ramesh, said, "Hats off to the US Supreme Court for striking down President Trump’s entire tariff strategy! Quite an amazing decision given its ideological composition."
"A 6-3 verdict is decisive. The American system of checks and balances still seems to be working."
21:45 (IST) Feb 20
US Supreme Court Ruling Trump Tariffs Live Updates: Trump calls top court's ruling a 'disgrace'
President Donald Trump described the Supreme Court’s decision against him as a “disgrace,” according to two people familiar with his remarks, CNN reported.
Trump called the majority decision “a disgrace” when he was notified during his morning meeting with several governors, according to someone with direct knowledge of the president’s reaction, who spoke on the condition of anonymity to discuss the private conversation, AP reported.
Trump was meeting privately with nearly two dozen governors from both parties when the decision was released. The White House did not immediately respond to a request for comment.
Trump called the majority decision “a disgrace” when he was notified during his morning meeting with several governors, according to someone with direct knowledge of the president’s reaction, who spoke on the condition of anonymity to discuss the private conversation, AP reported.
Trump was meeting privately with nearly two dozen governors from both parties when the decision was released. The White House did not immediately respond to a request for comment.
21:35 (IST) Feb 20
Trump Tariffs Ruling Live Updates: US Supreme Court ruling shows Trump tariffs 'unjustified,' says Canada
The US Supreme Court's ruling that President Donald Trump exceeded his authority in imposing sweeping tariffs affirms that the levies were "unjustified," the Canadian minister responsible for US trade said.
International Trade Minister Dominic LeBlanc noted, however, that tariffs causing the most pain in Canada -- sector- specific measures affecting the steel, aluminum and auto industries -- remained in force despite the ruling, promising Ottawa would work with Washington to "create growth and opportunities on both sides of the border."
International Trade Minister Dominic LeBlanc noted, however, that tariffs causing the most pain in Canada -- sector- specific measures affecting the steel, aluminum and auto industries -- remained in force despite the ruling, promising Ottawa would work with Washington to "create growth and opportunities on both sides of the border."
21:26 (IST) Feb 20
Trump Tariffs Ruling Live Updates: EU 'analysing carefully' US Supreme Court tariff ruling
The EU said Friday that it was studying the US Supreme Court ruling that found President Donald Trump exceeded his authority in imposing a swath of tariffs that upended global trade.
"We take note of the ruling... and are analysing it carefully," EU trade spokesman Olof Gill said.
"We remain in close contact with the US Administration as we seek clarity on the steps they intend to take in response to this ruling," he added. "Businesses on both sides of the Atlantic depend on stability and predictability in the trading relationship".
"We take note of the ruling... and are analysing it carefully," EU trade spokesman Olof Gill said.
"We remain in close contact with the US Administration as we seek clarity on the steps they intend to take in response to this ruling," he added. "Businesses on both sides of the Atlantic depend on stability and predictability in the trading relationship".
21:22 (IST) Feb 20
UK 'will work with' US over impact of tariffs ruling: govt spokesperson
Britain plans on working with the US to see how the overturning of Donald Trump's tariffs by the US Supreme Court will affect the trade deal between the two countries, a government spokesperson said, AFP reported.
"We will work with the administration to understand how the ruling will affect tariffs for the UK and the rest of the world," the spokesperson said, adding that the UK expects its "privileged trading position with the US to continue".
"We will work with the administration to understand how the ruling will affect tariffs for the UK and the rest of the world," the spokesperson said, adding that the UK expects its "privileged trading position with the US to continue".
21:16 (IST) Feb 20
The case marks the first major element of Trump’s second-term policy programme to be reviewed by the top court, which he helped reshape by appointing three conservative justices during his first presidency. Justices Samuel Alito, Clarence Thomas and Brett Kavanaugh dissented from the majority view.
Trump had repeatedly described the case as one of historic importance, warning that an adverse verdict would deal a serious blow to the US economy. However, opposition to the tariffs cut across ideological lines, drawing criticism from libertarian and pro-business organisations often aligned with Republicans. Public surveys have also indicated limited support for tariffs, particularly as voters remain concerned about rising living costs.
Trump had repeatedly described the case as one of historic importance, warning that an adverse verdict would deal a serious blow to the US economy. However, opposition to the tariffs cut across ideological lines, drawing criticism from libertarian and pro-business organisations often aligned with Republicans. Public surveys have also indicated limited support for tariffs, particularly as voters remain concerned about rising living costs.
21:14 (IST) Feb 20
Supreme Court Ruling: Top court's decision impacts some, but not all of Trump's levies
Tariffs impacted by the ruling
The court’s decision targets the country-wide tariffs Trump imposed on much of the world under the International Emergency Economic Powers Act (IEEPA).
The 1977 law allows a president to “regulate” trade in response to a declared national emergency.
Trump first invoked IEEPA in February 2025 to impose tariffs on goods from China, Mexico and Canada, arguing that drug trafficking from those countries constituted a national emergency.
He invoked the law again in April, introducing sweeping levies ranging from 10% to 50% on imports from nearly every country. The administration argued that the US trade deficit — where imports exceed exports — posed an “extraordinary and unusual threat.”
Friday’s ruling found that this use of emergency powers exceeded legal limits.
Tariffs unaffected by the decision
However, the court’s ruling does not apply to industry-specific tariffs on steel, aluminium, lumber and automobiles.
Those measures were implemented under Section 232 of the Trade Expansion Act of 1962, which allows the president to restrict imports on national security grounds.
As a result, those sector-specific tariffs remain in place.
The court’s decision targets the country-wide tariffs Trump imposed on much of the world under the International Emergency Economic Powers Act (IEEPA).
The 1977 law allows a president to “regulate” trade in response to a declared national emergency.
Trump first invoked IEEPA in February 2025 to impose tariffs on goods from China, Mexico and Canada, arguing that drug trafficking from those countries constituted a national emergency.
He invoked the law again in April, introducing sweeping levies ranging from 10% to 50% on imports from nearly every country. The administration argued that the US trade deficit — where imports exceed exports — posed an “extraordinary and unusual threat.”
Friday’s ruling found that this use of emergency powers exceeded legal limits.
Tariffs unaffected by the decision
However, the court’s ruling does not apply to industry-specific tariffs on steel, aluminium, lumber and automobiles.
Those measures were implemented under Section 232 of the Trade Expansion Act of 1962, which allows the president to restrict imports on national security grounds.
As a result, those sector-specific tariffs remain in place.
21:09 (IST) Feb 20
US stocks hold relatively steady after Supreme Court strikes down Trump's tariffs
US stocks are holding relatively steady after the Supreme Court struck down President Donald Trump’s sweeping tariffs, which had thrown financial markets into panic when announced last year.
The S&P 500 rose 0.1%. It had been drifting between small gains and losses earlier in the morning, after discouraging reports showing slowing growth for the economy and faster inflation created relatively few ripples in the market.
The Dow Jones Industrial Average was up 7 points, or less than 0.1%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 0.3% higher.
Treasury yields were mixed in the bond market following some initial squiggles up and down following the ruling.
The S&P 500 rose 0.1%. It had been drifting between small gains and losses earlier in the morning, after discouraging reports showing slowing growth for the economy and faster inflation created relatively few ripples in the market.
The Dow Jones Industrial Average was up 7 points, or less than 0.1%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 0.3% higher.
Treasury yields were mixed in the bond market following some initial squiggles up and down following the ruling.
21:08 (IST) Feb 20
US Supreme Court Ruling Trump Tariffs Live Updates: Major setback for Trump administration
The ruling is arguably the most significant defeat the second Trump administration has faced at the conservative-leaning court, which had previously sided with the president in several high-profile emergency rulings related to immigration, agency leadership removals and reductions in government spending.
The decision underscores the limits of executive power and reinforces Congress’ role in authorizing major trade actions.
The decision underscores the limits of executive power and reinforces Congress’ role in authorizing major trade actions.
21:08 (IST) Feb 20
Trump Tariffs Live Updates: Trump overstepped authority with tariffs, US Supreme Court says
The court ruled Trump exceeded federal law by imposing worldwide tariffs unilaterally, curbing key executive trade authority. In a 6–3 decision, the court said Trump lacked clear congressional approval to impose sweeping tariffs, marking a major legal setback.
Chief Justice John Roberts, writing for the majority, said the president overstepped his authority under federal law.
“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope,” Roberts wrote. “
“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope,” Roberts wrote for the court.
“In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it.” The court concluded that the emergency authority Trump relied upon to justify the tariffs “falls short.”
Chief Justice John Roberts, writing for the majority, said the president overstepped his authority under federal law.
“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope,” Roberts wrote. “
“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope,” Roberts wrote for the court.
“In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it.” The court concluded that the emergency authority Trump relied upon to justify the tariffs “falls short.”
21:07 (IST) Feb 20
Trump Tariffs Live Updates: Major blow to Trump as Supreme Court strikes down global tariff move
Chief Justice John Roberts said the president cannot impose tariffs of unlimited scope without explicit authorization from Congress.
21:07 (IST) Feb 20
US Supreme Court strikes down Trump’s sweeping tariffs
The Supreme Court of the United States on Friday ruled that President Donald Trump violated federal law by unilaterally imposing sweeping tariffs across the globe, delivering a significant setback to the White House. The 6–3 decision marks one of the most consequential judicial losses for Trump’s second administration on an issue central to his foreign policy and economic agenda.
US Supreme Court Ruling Trump Tariffs Live Updates: The Supreme Court of the United States on Friday ruled 6–3 that President Donald Trump violated federal law by unilaterally imposing sweeping global tariffs, marking a major setback for the White House. In the majority opinion, Chief Justice John Roberts wrote that the president claimed “extraordinary power” to impose tariffs of “unlimited amount, duration, and scope,” but failed to demonstrate clear congressional authorization. The court held that the emergency authority cited by Trump “falls short,” delivering one of the most significant judicial defeats of his administration.
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