politics

February 20, 2026

Get Ready for Zombie Tariffs

Even after losing at the Supreme Court, Trump has plenty of ways to reconstruct his trade regime.

Get Ready for Zombie Tariffs

TL;DR

  • The Supreme Court ruled 6-3 that the International Emergency Economic Powers Act (IEEPA) does not authorize the president to impose tariffs.
  • This ruling is a significant setback for Trump's trade agenda but not a fatal one.
  • The Trump administration had prepared backup plans using alternative authorities.
  • One alternative is Section 122 of the Trade Act of 1974, allowing tariffs of up to 15% for up to 150 days to address balance-of-payment deficits.
  • Another alternative is Section 301 of the Trade Act of 1974, which allows for permanent tariffs in response to unfair trade practices after a bureaucratic process.
  • Industry-specific tariffs on steel and aluminum, imposed under separate authorities, are not affected by the ruling.

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