Articles in this Cluster
21-02-2026
US President Donald Trump has imposed a new 10% global tariff to replace ones struck down by the Supreme Court, calling the ruling 'terrible' and lambasting the justices who rejected his trade policy as 'fools'. The Supreme Court had ruled that Trump's previous tariffs, imposed under the International Emergency Economic Powers Act (IEEPA), were unlawful as they exceeded his presidential powers. The new tariff, imposed under Section 122, will go into effect on 24 February and includes exemptions for certain goods and countries. Businesses and states that had challenged the previous tariffs are expected to receive refunds, but the process is likely to be tied up in court for years.
Entities: Donald Trump, US Supreme Court, International Emergency Economic Powers Act (IEEPA), Section 122, White House • Tone: negative • Sentiment: negative • Intent: inform
21-02-2026
US President Donald Trump has strongly criticized the Supreme Court justices who ruled against his administration's global tariffs, calling them 'ashamed' and lacking courage. The court's decision was a major setback for Trump's second term agenda, as it struck down his authority to impose sweeping tariffs on any country. Trump attacked the justices, including those appointed by Republican presidents, and claimed the court was influenced by 'foreign interests'. He also praised the three justices who voted to keep his tariffs authority intact. Experts said Trump's reaction was not surprising given his investment in the case's outcome.
Entities: Donald Trump, Supreme Court, United States, Tariffs, Elena Kagan • Tone: negative • Sentiment: negative • Intent: critique
21-02-2026
President Donald Trump has sharply criticized the Supreme Court justices who ruled that his sweeping emergency tariffs are illegal. The Supreme Court ruled that Trump violated federal law by imposing global tariffs without congressional approval, marking a significant defeat for the White House on a core foreign policy and economic issue. Trump has responded by attacking the justices who made the ruling.
Entities: Donald Trump, Supreme Court, CNN, Rick Ferguson, Paula Reid • Tone: negative • Sentiment: negative • Intent: inform
21-02-2026
The US Supreme Court has ruled that about half of the tariffs imposed by President Trump are null and void, as they were implemented unilaterally without Congressional approval. The tariffs in question were imposed under the International Emergency Economic Powers Act (IEEPA) of 1977, which the Supreme Court has deemed was not justified in this case. The decision may lead to refunds of money paid under these tariffs and could potentially force the administration to use other loopholes to recoup losses. The ruling is a significant blow to the Trump administration and may impact Trump's trade war policies, which have been criticized for being unpopular. The decision may also lead to further chaos in the trade war and potentially force Trump to reconsider his stance on tariffs.
Entities: Donald Trump, US Supreme Court, Congress, Trade Expansion Act of 1962, International Emergency Economic Powers Act (IEEPA) of 1977 • Tone: neutral • Sentiment: negative • Intent: inform
21-02-2026
US President Donald Trump has announced a new 10% global tariff on imports after the US Supreme Court ruled that his previously imposed tariffs were illegal. The new tariff will take effect on February 24 and will apply to all countries, with some exceptions for certain products such as agricultural goods and pharmaceuticals. The Supreme Court's decision was a significant loss for Trump, with six of the nine judges voting to overturn his signature economic policy. Trump responded by criticizing the judges who ruled against him, calling them 'fools and lapdogs' and 'unpatriotic and disloyal to our Constitution'. The UK government has expressed concerns about the impact of the new tariff on trade between the US and the UK.
Entities: Donald Trump, US Supreme Court, Truth Social, White House, Congress • Tone: negative • Sentiment: negative • Intent: inform
21-02-2026
The Supreme Court has struck down President Trump's tariffs, leaving a $133 billion question unanswered: what will happen to the money already collected? Companies are lining up for refunds, but the process is expected to be chaotic and potentially lengthy, with trade lawyers predicting a 'bumpy ride' for importers. The refunds are likely to go to companies rather than consumers, who are unlikely to be compensated for higher prices paid due to the tariffs. The decision could help ease inflationary pressures and stimulate spending, but the impacts are likely to be modest. The refund process will be hashed out by the U.S. Customs and Border Protection agency, the Court of International Trade, and other lower courts, with potential for further litigation.
Entities: Supreme Court, President Donald Trump, U.S. Customs and Border Protection agency, Court of International Trade, Vinson & Elkins law firm • Tone: neutral • Sentiment: negative • Intent: inform
21-02-2026
The article argues that the Supreme Court's ruling limiting President Trump's tariff powers will not derail his efforts to rebalance US trade relations and boost US industry. The author contends that Trump has other tools at his disposal to achieve his goals, including other tariff powers and laws that give him leeway to act, even if some require Congressional support. The article highlights the need to unwind advantages given to China and repair the post-1990 global order, which has allowed China to gain economic dominance. The author also notes that Trump's larger economic program is unaffected by the ruling, with wages growing faster than inflation and solid private-sector growth.
Entities: Donald Trump, United States, China, Supreme Court, World Trade Organization • Tone: positive • Sentiment: positive • Intent: persuade
21-02-2026
The Supreme Court's decision to invalidate many of President Trump's tariffs has significant economic, constitutional, and political implications. The 6-3 ruling was a major defeat for the president, who had repeatedly cast the tariffs as essential to his agenda. The decision marked a show of independence by the court, with Chief Justice John G. Roberts Jr. writing the majority opinion. The ruling is unlikely to have an immediate impact on prices, and major global trading partners were cautious in their response. The decision also creates uncertainty for the federal budget and raises questions about how the government will issue refunds to importers who paid the tariffs.
Entities: Supreme Court, President Trump, John G. Roberts Jr., Donald Trump, United States • Tone: neutral • Sentiment: negative • Intent: inform
21-02-2026
The US Supreme Court's ruling striking down President Trump's method of imposing tariffs has created uncertainty for global businesses and trading partners. Despite the ruling, most economists believe US economic policy will not shift significantly, and Trump's tariffs will remain in place. The decision has raised questions about the impact on international commerce, prices, jobs, and growth. Trump's announcement to invoke Section 122 to impose a 10% tariff has added to the uncertainty. Analysts are weighing the potential effects on the US debt, trade agreements, and global growth. While some firms have pushed for refunds, others believe the impact will be muted, and the global economy has proven resilient to tariff uncertainty.
Entities: Donald Trump, United States, Supreme Court, Carsten Brzeski, ING Research • Tone: neutral • Sentiment: negative • Intent: inform
21-02-2026
US President Donald Trump is set to visit China from March 31 to April 2 for talks with Chinese counterpart Xi Jinping. The summit will be closely watched, particularly after the US Supreme Court's decision to overturn Trump's sweeping tariffs on China. The trip will be Trump's first visit to China since his second inauguration. Relations between the two countries have been strained since Trump imposed tariffs on China, leading to a series of tit-for-tat actions. Xi is expected to visit the US later this year.
Entities: Donald Trump, China, Xi Jinping, US Supreme Court, White House • Tone: neutral • Sentiment: negative • Intent: inform
21-02-2026
The US Supreme Court has struck down President Donald Trump's signature reciprocal tariffs policy, ruling that he does not have the power to unilaterally impose tariffs under the International Emergency Economic Powers Act (IEEPA). Despite this, Trump has imposed a new 10% global tariff using a different provision of trade law, Section 122 of the Trade Act of 1974. The tariffs on Singapore are expected to remain unchanged at 10%. Experts say that the ruling will lead to uncertainty and confusion in the trade landscape, but it is not a deal-breaker for US-ASEAN economic ties. The decision may also put pressure on trade deals struck with other countries, including Japan, South Korea, and the European Union.
Entities: Donald Trump, Singapore, United States, US Supreme Court, International Emergency Economic Powers Act (IEEPA) • Tone: negative • Sentiment: negative • Intent: inform
