U.S. Tariffs: Struck Down By The Supreme Court
2026-02-26 02:44:00 ET
By Seema Shah, Chief Global Strategist
What has been announced?
The U.S. Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are unconstitutional. In principle, this would require tariff levels to revert to their pre-Liberation Day baseline. In practice, however, the U.S. administration moved quickly to prevent a sharp rollback....
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