Trump’s global tariffs were just struck down by the Supreme Court. Here’s what that means

The Supreme Court has struck down President Donald Trump’s far-reaching global tariffs, handing him a significant loss on an issue crucial to his economic agenda.

The decision on Friday centers on tariffs imposed under an emergency powers law, including the sweeping “reciprocal” tariffs he levied on nearly every other country.

It’s the first major piece of Trump’s broad agenda to come squarely before the nation’s highest court, which he helped shape with the appointments of three conservative jurists in his first term.