The Supreme Court ruled Friday that most of President Donald Trump’s widespread tariffs put in place last year are invalid — but that doesn’t mean shoppers will suddenly see prices drop. The Supreme Court’s ruling applies to the tariffs Trump imposed under the International Emergency Economic Powers Act (IEEPA). The Supreme Court did not address what to do about refunds. At a news conference shortly after the decision was announced, Trump criticized the Supreme Court for not addressing the refund issue. Those are generally preceded by a government investigation and are more specific than the countrywide tariffs Trump imposed last year.

Source: Washington Post February 21, 2026 20:48 UTC