🔴LIVE: Trump on Supreme Court tariff ruling
February 20, 2026
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1:41:00Now Playing🔴LIVE: Trump on Supreme Court tariff ruling
YouTube Description
as posted by the channelPresident Donald Trump is speaking at the White House about the latest tariff ruling.
Backstory: The Supreme Court ruled Friday the International Emergency Economic Powers Act (IEEPA) does not authorize President Donald Trump to impose his global tariffs.
The high court's decision centers on tariffs imposed under an emergency powers law, including the sweeping "reciprocal" tariffs he levied on nearly every other country.
Friday's ruling comes despite a series of short-term wins on the court's emergency docket that have allowed Trump to push ahead with extraordinary flexes of executive order on issues, including high-profile firings to major federal funding cuts.
Citing the Congressional Budget Office, the Associated Press reported that the economic impact of Trump's tariffs has been estimated at roughly $3 trillion over the next decade.
This case was related to lawsuits filed by an educational toy manufacturer and a family-owned wine and spirits importer challenging President Donald Trump’s tariffs, FOX Business reported.
In September 2025, the Trump administration requested that the Supreme Court rule quickly that Trump had the power to impose sweeping import taxes under federal law.
The administration filed a petition requesting that the high court reverse an appeals court ruling that determined most of Trump’s tariffs are an illegal use of an emergency powers law, which gives the President broad authority to regulate a variety of economic transactions following a declaration of national emergency.
The Constitution grants Congress the power to impose taxes, including tariffs. However, over the years, legislators have surrendered control to the president.
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