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The Real Tariff Liberation Day Arrives at the Supreme Court
Wal Street Journal ^ | February 20, 2026 | WSJ Editorial Board

Posted on 02/23/2026 5:11:18 AM PST by karpov

A 6-3 Supreme Court majority on Friday struck down President Trump’s sweeping emergency tariffs (Learning Resources v. Trump) in a monumental vindication of the Constitution’s separation of powers. You might call it the real tariff Liberation Day.

It’s hard to overstate the importance of the Court’s decision for the law and the economy. Had Mr. Trump prevailed, future Presidents could have used emergency powers to bypass Congress and impose border taxes with little constraint.

As Chief Justice John Roberts explains in the majority opinion, “Recognizing the taxing power’s unique importance, and having just fought a revolution motivated in large part by ‘taxation without representation,’ the Framers gave Congress ‘alone . . . access to the pockets of the people.’”

Mr. Trump last February deemed fentanyl trafficking a national emergency, which he claimed gave him unbridled authority under the International Emergency Economic Powers Act (IEEPA) to impose tariffs on China, Canada and Mexico. He later said the U.S. trade deficit is an emergency to justify tariffs on any country at rates he has adjusted at his personal whim.

IEEPA grants the President emergency powers to deal with foreign threats, including the authority to “regulate . . . importation or exportation” of foreign property. But the law doesn’t mention tariffs, and no previous President has used the law to impose border taxes.

It’s “telling that in IEEPA’s ‘half century of existence,’ no President has invoked the statute to impose any tariffs—let alone tariffs of this magnitude and scope,” the Chief writes in an opinion joined by Justices Neil Gorsuch, Amy Coney Barrett and the three liberals. “When Congress has delegated its tariff powers, it has done so in explicit terms, and subject to strict limits.”

These are signs that the tariffs violate the Court’s major questions doctrine

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Editorial; Government
KEYWORDS: commerce; foreignenemies; gaslighting; ieepa; scotus; supreme; tariffs; tariffsaretaxes; trade; wallstreetclowns; wallstreetjournal; wallstreeturinal
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1 posted on 02/23/2026 5:11:18 AM PST by karpov
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To: karpov

Roberts Roberts Roberts


2 posted on 02/23/2026 5:12:46 AM PST by butlerweave (Fateh)
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To: karpov
“regulate . . . importation or exportation” of foreign property. But the law doesn’t mention tariffs

Seems implied by "regulate", but that's just me.

3 posted on 02/23/2026 5:20:10 AM PST by ClearCase_guy (Law and Order -- only one of our political parties believes in it.)
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To: karpov

“”access to the pockets of the people””

I don’t get it...HOW is imposing tariffs - $$$$ paid TO the government - access to the pockets of the people? Isn’t that backward?

Must every day start out like this?


4 posted on 02/23/2026 5:20:32 AM PST by Thank You Rush
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To: karpov

WSJ has gone completely off the rails, directly to leftist land.


5 posted on 02/23/2026 5:21:31 AM PST by Jane Long (Jesus is Lord!)
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To: butlerweave

Roberts and Obama and taxing us for Healthcare/


6 posted on 02/23/2026 5:23:53 AM PST by mfish13 ( )
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To: karpov

Obama used it, Biden used it as well as others way can’t Trump, oh he’s a Republican.


7 posted on 02/23/2026 5:24:35 AM PST by Ronald77 ( )
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To: Jane Long

Yaa, so many articles that amount to nothing, the tariffs are not going way, in fact they increased.

The are truly living in a complete fantasy and are deceiving all 2 of their readers.


8 posted on 02/23/2026 5:24:42 AM PST by Skwor
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To: Jane Long

Should be called the Beijing Journal.


9 posted on 02/23/2026 5:25:26 AM PST by dfwgator ("I am Charlie Kirk!")
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To: Jane Long

They (the WSJ) are proof of the limited usefulness of the Stock Market.

Private ownership gives people a better long-term picture.


10 posted on 02/23/2026 5:25:27 AM PST by Empire_of_Liberty
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To: Ronald77

yep, but now technically it can’t be used, not that it will stop a democrap president, I am sure the court would change its mind immediately for them.


11 posted on 02/23/2026 5:25:45 AM PST by Skwor
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To: butlerweave

“Roberts Roberts Roberts”

And Woman Woman Woman and one who doesn’t know the difference. (ducking)


12 posted on 02/23/2026 5:28:39 AM PST by quantim (Victory is not relative, it is absolute.)
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To: karpov

Piss on the USSC. They didn’t even interpret the law. They made policy.


13 posted on 02/23/2026 5:29:03 AM PST by Sequoyah101
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To: Thank You Rush

Tariffs are import duties, taxes paid by Americans on imported products.

The tax is ultimately paid by all consumers as they trickle down from importers selling to the consumer markets

I don’t know how to properly phrase it, but the tariff taxes are non regressive. That is , this form of taxation is paid by all and does not overlook those currently do not pay an income tax.

The court ruling will not cancel the tariffs, but redirect the legal basis under which they can be Presidentially imposed. The ruling is a matter of constitutional law rather than politics


14 posted on 02/23/2026 5:30:08 AM PST by bert ( (KE. NP. +12) Quid Quid Nominatur Fabricatur)
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To: Jane Long; karpov
--- "WSJ has gone completely off the rails, directly to leftist land."

This ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑ ↑

15 posted on 02/23/2026 5:30:26 AM PST by Worldtraveler once upon a time (Degrow government)
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To: Worldtraveler once upon a time

It’s the CCP Money talking.


16 posted on 02/23/2026 5:30:52 AM PST by dfwgator ("I am Charlie Kirk!")
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To: karpov

I hate the WSJ.

They hate Trump.


17 posted on 02/23/2026 5:33:11 AM PST by Uncle Miltie (Suspending my monthly donations until it becomes clear FR is run by and for conservatives.)
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To: Jane Long

Does any one still read WSJ? Financial news from internet sources is more up-to-date. Printed news is obsolete 5 minutes after it is printed.


18 posted on 02/23/2026 5:33:19 AM PST by Bobbyvotes (Work is worship says Bhagavad Geeta. Instead of praying do work and get richer.)
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To: Uncle Miltie

The WSJ has correctly interpreted the ruling that redirects the legal basis for the tatiffs.


19 posted on 02/23/2026 5:34:14 AM PST by bert ( (KE. NP. +12) Quid Quid Nominatur Fabricatur)
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To: bert

“I don’t know how to properly phrase it, but the tariff taxes are non regressive. That is , this form of taxation is paid by all and does not overlook those currently do not pay an income tax.”

Interesting that isn’t it? It is the closest thing to a “fair” tax we have. I’m all for it.


20 posted on 02/23/2026 5:34:44 AM PST by Sequoyah101
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