SCOTUS Issues Ruling on Tariffs
Published Friday, February 27, 2026
The U.S. Supreme Court issued a 6-3 decision this week finding that most of the Trump administration’s global tariffs were unlawfully imposed under the International Emergency Economic Powers Act. The court concluded that IEEPA does not grant the president authority to impose new taxes, including tariffs.
Following the ruling, President Trump issued an executive order establishing a 10% global tariff under Section 122 of the Trade Act of 1974. However, tariffs imposed under that authority are limited to a maximum duration of 150 days. U.S. Trade Representative Jamieson Greer indicated that tariffs could increase to as much as 15% for certain countries, though it remains unclear which countries would be affected or whether a longer-term tariff strategy is forthcoming.
Staff contact: Matthew Viohl, mviohl@cfbf.com.
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