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The US Supreme Court building with a large red 'VOID' stamp across a stacks of tariff documents. Beh

US Supreme Court Strikes Down Trump Tariffs, Government Faces $175 Billion Refund Bill

The US Supreme Court ruled 6-3 that Trump's emergency global tariffs under IEEPA are illegal. The ruling may trigger $175 billion in refunds and sets a precedent limiting executive power over trade.

Jessy·Feb 21, 2026