null
null
Menu
US Supreme Court Strikes Down Trump’s Emergency Tariffs; Businesses Call It Major Relief
February 21, 2026 by Mediaeye News
Preferred on
US Supreme Court Strikes Down Trump’s Emergency Tariffs; Businesses Call It Major Relief

New York: US business groups, advocacy organisations, and several lawmakers have welcomed a landmark ruling by the Supreme Court of the United States that invalidated President Donald Trump’s use of emergency powers to impose tariffs. Industry leaders described the decision as a strong reaffirmation of congressional authority and a significant relief for American businesses impacted by the trade measures.

In a 6-3 decision, the Supreme Court determined that the executive branch exceeded its authority by invoking emergency powers to levy import taxes on most trading partners, declaring many of the previous year’s tariffs illegal.

Neil Bradley, executive vice president and chief policy officer at the US Chamber of Commerce, said on Friday that the decision was “welcome news for businesses and consumers,” noting that companies had faced significant cost increases and supply-chain disruptions as a result of the tariffs.

He urged the administration to move swiftly to refund unlawfully collected duties and to reset overall tariff policy to promote economic growth and lower costs for families.

We Pay the Tariffs, a coalition advocating for small businesses, also called for “full, fast and automatic” refunds, saying many of its members had paid billions of dollars in duties that “never should have been imposed.”

US Senator Mitch McConnell, a Republican from Kentucky, also welcomed the ruling, Xinhua news agency reported.

“The empty merits of sweeping trade wars with America’s friends were evident long before today’s decision,” McConnell said in a statement.

“The American people already know that when Washington throws up artificial barriers, building and buying here at home become more expensive.”

Edward Fishman, a former State Department and Treasury official now with the Council on Foreign Relations, said the decision could limit the use of tariffs as a rapid-response geoeconomic tool, though they could still be employed in trade negotiations through other legal channels.

Some business groups cautioned that uncertainty remains, expressing concern that tariffs could be reimposed through alternative statutory mechanisms.

More International News on www.mediaeyenews.com

MediaEye Group

File photo: IANS

 

 

 

 

 

 

 

 

 

 

–IANS

Category :Business
Mediaeye News

Mediaeye News

Our editorial team brings you the latest news and insights with in-depth analysis and reporting.


Trending News

Top News