Supreme Court Strikes Down Trump Tariffs: Market Impact, IEEPA Ruling, and the PCE Inflation Outlook
In a historic decision that has fundamentally shifted the landscape of American trade policy, the U.S. Supreme Court (SCOTUS) ruled 6-3 on Friday, February 20, 2026, to strike down the sweeping global tariffs imposed by the Trump administration. The ruling, authored by Chief Justice John Roberts, invalidates the use of the International Emergency Economic Powers … Read more