{"id":18938,"date":"2026-02-20T22:18:29","date_gmt":"2026-02-20T22:18:29","guid":{"rendered":"https:\/\/imsfund.com\/?p=18938"},"modified":"2026-02-20T22:18:29","modified_gmt":"2026-02-20T22:18:29","slug":"the-supreme-court-just-struck-down-trumps-tariffs-will-companies-be-refunded","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2026\/02\/20\/the-supreme-court-just-struck-down-trumps-tariffs-will-companies-be-refunded\/","title":{"rendered":"The Supreme Court Just Struck Down Trump\u2019s Tariffs \u2014 Will Companies Be Refunded?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<p>The Supreme Court ruled Friday that President Trump exceeded his authority by imposing tariffs without Congress. In a 6-3 ruling, the court found that the International Emergency Economic Powers Act, which Trump used to impose many of his tariffs, \u201cdoes not authorize the President to impose tariffs.\u201d Chief Justice John Roberts delivered the majority opinion. Justices Clarence Thomas, Samuel Alito, and Brett Kavanaugh dissented.<\/p>\n<p>The ruling strikes down tariffs that generated the majority of U.S. tariff revenue last year, including \u201creciprocal\u201d tariffs and duties related to fentanyl trafficking from Mexico, Canada, and China. The court noted that no president before Trump had ever used the statute to impose tariffs of this magnitude and scope. To justify such powers, Trump must \u201cpoint to clear congressional authorization,\u201d the court wrote. \u201cHe cannot.\u201d<\/p>\n<p>The big question now is refunds. The ruling was silent on whether tariffs already paid must be refunded to importers. Companies could be eligible for payments totaling hundreds of billions of dollars, but the refund process\u2014including who gets paid, when, and how\u2014will be decided by lower courts. In his dissent, Kavanaugh warned the refund process \u201cis likely to be a \u2018mess.&#8217;\u201d<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/supreme-court-trump-tariff-decision-illegal-refunds.html\">Read more<\/a><\/p>\n<p><i>Sign up for the <\/i>Entrepreneur Daily<i> newsletter to get the news and resources you need to know today to help you run your business better. <\/i><a href=\"https:\/\/info.entrepreneur.com\/daily-newsletter-sign-up-page?utm_campaign=Web-Visitors&amp;utm_source=Article&amp;utm_medium=Text-CTA\"><i>Get it in your inbox.<\/i><\/a><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/business-news\/supreme-court-strikes-down-trump-tariffs-in-6-3-ruling\/502874\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court ruled Friday that President Trump exceeded his authority by imposing tariffs without Congress. In a 6-3 ruling, the court found that the International Emergency Economic Powers Act, which Trump used to impose many of his tariffs, \u201cdoes not authorize the President to impose tariffs.\u201d Chief Justice John Roberts delivered the majority opinion. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-18938","post","type-post","status-publish","format-standard","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/18938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=18938"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/18938\/revisions"}],"predecessor-version":[{"id":18939,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/18938\/revisions\/18939"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=18938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=18938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=18938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}