The Supreme Court on February 20, 2026, limited President Trump's power to put tariffs on goods. This decision could mean $175 billion in tariffs need to be paid back, which is a very large amount for businesses.

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https://newsletter.tf/supreme-court-february-20-2026-limits-trump-tariff-power-billions-refunded/

Supreme Court on February 20, 2026, Stops President Trump from Using Emergency Law for Tariffs, Affecting Businesses and Billions in Refunds

Why did the Supreme Court limit Trump's tariffs on Feb 20, 2026? The court said he used the wrong law, meaning businesses may get billions in refunds and future trade rules change.