from pete_link@lemmy.ml to world@lemmy.world on 21 Feb 05:28
https://lemmy.ml/post/43481650
The US Supreme Court’s ruling “implies that Trump’s recent order imposing tariffs on countries selling oil to Cuba exceeds the president’s statutory authority.”
Feb. 20, 2026
With the centerpiece of President Donald Trump’s economic agenda—his use of an emergency law to impose tariffs on countries around the world—struck down by the US Supreme Court on Friday, analysts said the sweeping ruling should promptly end the Cuba blockade that his administration has pressured other governments to take part in, leaving millions of Cubans struggling with shortages of essentials.
The court ruled that the 1977 International Emergency Economic Powers Act (IEEPA) does not empower the president to “unilaterally impose tariffs,” as Trump has on countries across the globe, insisting that doing so would boost manufacturing and cut the trade deficit—despite mounting evidence that the tariffs have instead raised costs on American households.
#world
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