What Supreme Court tariff ruling means for global trade, U.S. economy
By CNBC
February 23, 2026, 6:20 PM EST
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(CNBC) The Supreme Court struck down President Trump’s tariffs, causing global trade tensions to rise. The U.S. economy faces potential harm due to the uncertainty surrounding future trade policies. Foreign governments may reduce trade with the U.S., and businesses could limit investment, hiring, and expansion. President Trump’s administration plans to use other sections of the Tariff Act to continue imposing tariffs on foreign partners. The overall impact of these new tariffs remains uncertain, but experts warn of potential negative consequences on the economy.
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