[ US supreme court has struck down Trump tariffs. Last Friday, the Supreme Court there ruled that Donald Trump’s tariffs from last year via emergency legislation were illegal. The primary aim of Trump’s tariffs is to restore domestic manufacturing. Trump’s tariffs also aim to correct the country’s big trade deficit with the rest of the world. There is a lot of noise in these numbers, however, as businesses last year rushed to get inventory into the US ahead of Trump’s tariff announcements.

Source: The Irish Times February 27, 2026 15:40 UTC