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Gave licence to do terrible things: Trump's U-turn after fury over tariff ruling

General • February 23, 2026

Gave licence to do terrible things: Trump's U-turn after fury over tariff ruling is drawing significant interest across the industry.

The Supreme Court ruled 6–3 that Trump exceeded his authority by imposing broad tariffs under the International Emergency Economic Powers Act (IEEPA), a 1977 law designed for national security emergencies rather than general trade policy.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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