Murky outlook for businesses after tariff ruling prompts countermoves by Trump

Associated Press (AP)EN 6 min read 100% complete by By MAE ANDERSONFebruary 21, 2026 at 09:23 AM

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long article 6 min

Businesses face uncertainty after the Supreme Court overturned tariffs previously imposed by President Trump under an emergency powers law. The tariffs, intended to boost American manufacturers and reduce the trade gap, had instead led many U.S. businesses to raise prices. Following the ruling, Trump pledged to impose a 10% tariff on all imports for 150 days using a different law and explore other ways to impose tariffs on countries he considers to have unfair trade practices. The article reports that any economic boost from lowering tariffs in the near term is likely to be offset by a prolonged period. The Supreme Court ruling was made on Friday.

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Niles, Ill. 30% Mattel 30% Princeton, N.J. 30% Italy 30% Revolution Brewing 30% Chicago 30% Supreme Court 60% United States 70% Donald Trump ×390%

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tariffs 100% trump 90% businesses 80% imports 70% trade 60% trade gap 50% supreme court 50% manufacturers 40%

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Negative

Score: -0.30

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Associated Press (AP)

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tariffs trump businesses imports trade trade gap supreme court manufacturers

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