Supreme Court rules against Trump's illegal tariffs
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Started by metmike - Feb. 20, 2026, 10:19 a.m.

Live updates: Supreme Court rules against Trump's tariffs, limiting president's power to impose taxes

 

 The decision does not affect all of Trump's tariffs but invalidates those implemented using a 1977 law called the International Emergency Economic Powers Act.

https://www.nbcnews.com/politics/supreme-court/live-blog/-trump-tariffs-ruling-supreme-court-live-updates-rcna252655

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By metmike - Feb. 20, 2026, 10:22 a.m.
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Previous thread:

                More delusional tariffs!            

                            54 responses |          

                Started by metmike - Sept. 14, 2025, 5:51 p.m.            

https://www.marketforum.com/forum/topic/114673/

By WxFollower - Feb. 20, 2026, 10:28 a.m.
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 I like it because I like just about any decision that takes power away from the power hungry dictator wannabe DT. The stock markets like this and bumped up some as a result.

By metmike - Feb. 20, 2026, 10:52 a.m.
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Agreed, Larry!

There are no economists for tariffs which are just a tax on American companies and on the American people, despite Donald Trump lying about them.

They are bad for our trading partners. Bad for our relationship with trading partners. Bad for US companies. Bad for US consumers.  But they do increase revenue for the FEDERAL GOVERNMENT, ironically at a time when Trump's Big Ugly Bill does the exact opposite and he threatens to give people a tax/tariff rebate check that exceeds the tariff revenue and pretend that it's all thanks to his wonderful tariffs.

Unfortunately, in Trump's unhinged mind, this big tariff loss decision makes it more likely that he will start an unprovoked war with Iran because he knows that he can win that battle.

His State of the Union speech next Tuesday is going to be a doozy and one we don't want to miss. Sadly, that's for all the wrong reasons other than it will provide more jaw dropping evidence that he is not qualified to hold the office of President of the United States. 

Regardless of that, I read the views of the 3 judges that disagreed with this decision. WOW, it's pretty scary that we would have Supreme Court judges that think this way.

They basically stated that if Congress gives the president their powers(to impose tariffs) it's ok by the Constitution.  

Which is what the R controlled Congress has been doing in most realms the past year.

In other words, our NEW, Donald Trump authoritarian government has only 2 branches. The executive branch with 2/3rds and the judicial branch with 1/3rd power.

And it takes a long time for the judicial branch to catch up with the many thousands of Donald Trump violations of the Constitution. 

Like his tariffs. Donald Trump has been in office for over a year and these tariffs did incredible, PERMANENT damage during that time before they were struck down. 

The other thing too. Elections only happen every 4 years(2 for Congress).  In between them, an unpopular, law breaking authoritarian wrecking the country and getting supported by his own party(that's afraid to confront him and with tribal/political thinking and a complete lack of moral/ethical courage) there's a ton of time before being held accountable by Americans at the voting polls(that he's scheming to obstruct). 

By mcfarm - Feb. 20, 2026, 11:58 a.m.
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so the R's in congress could grow a set and work with Trump and mostly what Trump has been doing. And as Beans has somehow nearly reached their high basis the March that would. be impossible according MM. So where is the logic of beans being down today. 


Wow maybe just maybe the countries that have been abusing the US have finally figured out Rubio's brillant speech in Europe. And the absolute logic in that speech.

By metmike - Feb. 20, 2026, 12:10 p.m.
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Thanks, mcfarm!
Most articles and sources that I read, other than MAGA stuff was anticipating this decision based on the Constitution and common sense.

So this was just a  confirmation.

It may seem to be  “impossible” from the MAGA perspective but not so much for those following what is actually happening.

I‘m thrilled for our high risk taking producers to see soybeans so strong in recent weeks