U.S. Supreme Court Blocks President Trump's Global Tariffs Under National Emergency Law

On February 20, the U.S. Supreme Court ruled that tariffs imposed during the Trump administration under the International Emergency Economic Powers Act lacked clear legal authority. Former President Trump criticized the decision as shameful and stated he has prepared alternative trade plans, though details from the White House remain undisclosed. The Court did not determine refund eligibility for affected parties, leaving hundreds of tariff refund lawsuits pending in the U.S. Court of International Trade.

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