The Supreme Court’s landmark tariff decision is the latest defeat ‘piercing President Trump’s seeming invincibility’
Fortune
by Jason MaFebruary 21, 2026
AI-Generated Deep Dive Summary
The U.S. Supreme Court's 6-3 ruling striking down President Donald Trump's global tariffs under the International Emergency Economic Powers Act marks a significant legal defeat for the administration. This decision comes as part of an escalating pushback against Trump's trade policies, reflecting growing resistance from Congress, foreign governments, and now the judiciary. While Trump has vowed to impose new tariffs under alternative laws, the ruling undermines his ability to pursue his signature economic initiative.
The ruling represents a turning point in Trump's second-term trajectory, which had previously seen little opposition from lawmakers and business leaders. However, recent months have shown a shift, with Congress pushing back on Trump's tariff agenda and even Republicans distancing themselves from the administration on domestic issues. The Supreme Court's decision further weakens Trump's authority, as it signals that both the legislative and judicial branches are willing to challenge his overreach.
Experts, such as longtime diplomat Kurt Campbell, view this ruling as a critical step in limiting Trump's influence ahead of the midterm elections. Campbell highlights the growing bipartisan consensus against Trump's trade policies, with several Republicans joining Democrats to revoke some tariffs. This erosion of support could make it harder for Trump to pass legislation reinforcing his tariff powers, potentially curbing his economic agenda.
The implications for business are significant. The ruling may lead to a reevaluation of U.S. trade policy, particularly as Democrats prepare for potential gains in Congress following the 2026 elections. This shift could result in more balanced trade agreements and reduced protectionism, aligning with broader business interests that rely on stable international trade relations.
In summary, the Supreme Court's decision not only challenges Trump's authority but also reflects a broader trend of pushback against his administration's policies. For businesses, this signals a potential shift toward more predictable and less confrontational trade practices, which could have far-reaching implications for global commerce.
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Originally published on Fortune on 2/21/2026