Supreme Court
SCOTUS Strikes Down Executive Tariff Power in Landmark Learning Resources Case; $175 Billion in Refunds Loom
In a seismic shift for international trade and constitutional law, the Supreme Court of the United States ruled on February 20, 2026, that the Executive Branch lacks the inherent authority to impose peacetime tariffs under the International Emergency Economic Powers Act (IEEPA). The 6–3 decision in Learning Resources, Inc.