President Trump ’s new plan for tariffs puts his trade agenda on a collision course with the midterm campaign season. Some of the new tariffs Trump wants to impose require congressional approval to extend beyond five months. In a sign of growing anxiety toward his tariffs, six GOP lawmakers voted with Democrats last week in an attempt to rein in Trump’s tariff powers in the House of Representatives. But on Friday, the Supreme Court ruled that Trump’s use of Ieepa for tariffs is illegal, undermining his chosen tool of economic leverage. There is much less certainty for U.S. businesses that have paid about $130 billion in Ieepa tariffs.

Source: Wall Street Journal February 21, 2026 11:04 UTC