Here's the latest
• Doubling down on tariffs: President Donald Trump says he’s signed a 10% global tariff on top of the levies already in place after the Supreme Court ruled that his sweeping emergency tariffs are illegal.
• Sharp criticism of justices: Trump called those who ruled against his tariffs a “disgrace to our nation.” Justices Amy Coney Barrett and Neil Gorsuch joined with Chief Justice John Roberts and the three liberal justices in the 6-3 ruling.
• What happens next: Trump’s new levies can take effect for a maximum of 150 days, barring congressional approval for an extension. Meanwhile, the president signaled a protracted legal battle over whether his administration now has to pay companies billions of dollars in tariff refunds.
• Iran negotiations: Trump says he’s considering a limited military strike to pressure Tehran into a nuclear deal, but top Democrats are urging the administration not to strike without congressional approval.
What happened in the room when Chief Justice Roberts read Trump’s tariffs decision
The Supreme Court ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda.
CNN’s chief Supreme Court analyst Joan Biskupic shares how Chief Justice John Roberts, who wrote the majority opinion, explained the decision in court:
The Supreme Court ruled that President Donald Trump violated federal law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy and economic agenda. CNN’s chief Supreme Court analyst Joan Biskupic explains how Chief Justice John Roberts, who wrote the majority opinion, explained the decision in court.
Trump singles out conservative justices who ruled against tariffs
President Donald Trump singled out three conservative Supreme Court justices who voted to strike down his sweeping emergency tariffs, calling them out by name for the first time in a Friday night social media post.
“What happened today with the two United States Supreme Court Justices that I appointed against great opposition, Neil Gorsuch and Amy Coney Barrett, whether people like it or not, never seems to happen with Democrats,” the president wrote on Truth Social. “They vote against the Republicans, and never against themselves, almost every single time, no matter how good a case we have.”
Gorsuch and Barrett, whom Trump appointed in his first term, joined with Chief Justice John Roberts and the three liberal justices in the 6-3 decision.
“At least I didn’t appoint Roberts,” he added, accusing the chief justice of having “led the effort to allow Foreign Countries that have been ripping us off for years to continue to do so.”
Earlier today, the president called the justices who ruled against his tariff policy a “disgrace to our nation.”
Here's what the tariff ruling could mean for the prices you’re paying
Now that the Supreme Court has taken away a significant chunk of President Donald Trump’s tariff-wielding authority, what does that mean for your prices?
That’s because Trump has other tariff levers to pull. The Supreme Court noted other authorities remain available to Trump, including the laws that permitted the administration to raise significant tariffs on steel, aluminum and other imports — all of which remain in place.
And many of the tariffs that the Supreme Court overturned can be replaced with other tariffs.
Even if the administration is ultimately required to refund companies that paid the overturned tariffs (a question that remains unsettled), that doesn’t mean you’ll get a refund for the higher prices you paid for sneakers, furniture or other items that grew more expensive because of Trump’s policies.
Trump’s tariffs added $1,000 in tax expenses for the average US household in 2025, according to the conservative-leaning Tax Foundation.
Trump signs 10% global tariff
President Donald Trump announced on social media Friday night that he had signed the 10% global tariff that he previewed earlier in the day.
“It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately,” the president wrote on Truth Social.
Trump said earlier that he would enact the 10% global tariff under a trade law known as Section 122. However, these tariffs can only be in place for 150 days absent an extension from Congress.
The new levy will take effect at 12:01 a.m. ET on February 24, according to a White House fact sheet.
Meanwhile, Epstein survivors plan to attend Trump’s State of the Union next week
A number of Jeffrey Epstein survivors plan to attend President Donald Trump’s State of the Union address on Capitol Hill Tuesday night as guests of members of Congress, sources familiar with the plans tell CNN.
Survivor Dani Bensky plans to attend as a guest of Sen. Chuck Schumer of New York; Sharlene Rochard as a guest of Rep. Emily Randall of Washington; and Liz Stein as a guest of Rep. Teresa Leger Fernandez of New Mexico, the sources said.
Democratic Reps. Jamie Raskin and Suhas Subramanyam announced today that Sky and Amanda Roberts would be their guests at the State of the Union. They are the brother and sister-in-law of Virginia Roberts Giuffre, a prominent Epstein survivor who was outspoken about the ways that she had been a victim in Epstein’s sex trafficking ring.
Lawmakers have historically invited members of the public or constituents who represent issues that are important to them to the nationally broadcast speech. The presence of multiple Epstein survivors in the chamber as Trump delivers his remarks will come as the Justice Department’s partial release of millions of files related to Epstein has kicked off an international firestorm.
Trump, was once friendly with Epstein but has not been accused of any wrongdoing related to the convicted child sex offender.
Key Democrats stress Congress approval needed for any US military action in Iran
Top Democrats sitting on the House Foreign Affairs, Intel and Armed Services committees today urged the Trump administration not to conduct military action in Iran without congressional approval, as President Donald Trump weighs strikes in the region.
US Representatives Gregory Meeks, Adam Smith, and Jim Himes, who hold ranking member positions in their respective committees, warned that strikes could endanger US personnel by drawing out a wider conflict and called upon Trump to lean into diplomacy as the path forward.
Some context: The statement comes after a significant buildup in recent days of air and naval assets in the Middle East, including the impending arrival of USS Gerald Ford, the most advanced carrier group in the US arsenal.
While the US military is prepared to strike Iran as early as this weekend, CNN has previously reported that Trump has yet to make a final decision on whether he’ll authorize such actions.
Toy company CEO says there's no excuse to not send tariff refunds
The CEO of educational toy company Learning Resources, a plaintiff in today’s decision, said he expects the government to return the money his company paid in tariffs.
Rick Woldenberg told CNN’s Paula Newton he felt vindicated by the Supreme Court decision and did not buy the argument that it would be too onerous for the government to refund the tariffs, comparing it to the process for federal tax refunds.
“They know exactly what they took from us, when and why and how much and they can just reverse the gears and send it back to us,” Woldenberg said.
Woldenberg said his business spent more than $10 million on IEEPA tariffs in 2025 and the decision to sue was not political, but about protecting the people who depend on the family business for their livelihoods
Here’s what we know about the possibility of tariff refunds in light of today’s ruling.
Breaking down Trump's rare loss in the conservative high court
If you’re just catching up on today’s news, CNN’s chief legal affairs correspondent Paula Reid broke down the Supreme Court’s ruling that President Donald Trump’s emergency tariffs are illegal:
The Supreme Court has ruled President Trump violated federal law by imposing global tariffs without congressional approval, marking a significant defeat for the White House on a core foreign policy and economic issue. CNN’s Paula Reid reports.
Department of Homeland Security shutdown to drag on through weekend
There is no end in sight for the Department of Homeland Security funding lapse going into the weekend, with top Republicans and Democrats no closer to an agreement about how to end the standoff over ICE funding.
Democrats have not yet received a counteroffer to their latest funding proposal, which was delivered Monday night, according to a person familiar with the discussions.
Unless talks ramp up significantly over the weekend, it is likely that the DHS shutdown will continue when President Donald Trump addresses Congress on Tuesday night for his State of the Union address.
Federal workers paid by DHS — which includes TSA workers, border patrol agents and many others — have not yet missed a paycheck. But for most workers, the first partial paychecks will hit bank accounts starting February 27.
Massive tariff refunds are now on the table for businesses. Don't expect them any time soon
As it turns out, convincing six Supreme Court justices that President Donald Trump overstepped his authority in imposing sweeping tariffs relying on emergency economic powers was the easy part.
The hard part: Getting a clear answer on what happens to the tens of billions of dollars that US companies forked over after Trump jacked up tariffs on every global partner last year.
The Trump administration — both formally and informally — has promised to refund duties collected if the Supreme Court issued a ruling against them. But neither the administration nor any of the justices have specified exactly how it would work.
President Donald Trump questioned today why the justices didn’t state whether the tariff revenue needs to be returned. “I guess it has to get litigated for the next two years,” he told reporters. He then said it could be “the next five years.”
Ahead of today’s verdict, thousands of businesses, including Costco, sued the US government in an effort to fast-track the refund process. But it’s unclear whether that will happen. Ultimately, businesses seeking refunds will have to look to lower courts, namely the Court of International Trade, for input on the issue.
Here’s more on what we know about tariff refunds.
Why Trump takes today's high court ruling personally
The Supreme Court struck down President Donald Trump’s most sweeping tariffs, ruling that it was unlawful for the president to unilaterally impose them the way he did.
CNN’s Dana Bash explains why, for Trump, this is personal:
The Supreme Court struck down President Donald Trump's most sweeping tariffs, ruling that it was unlawful for the president to unilaterally impose them the way he did. CNN's Dana Bash explains why, for Trump, this is personal.
Vance says Supreme Court tariff ruling is "lawlessness from the Court"
Vice President JD Vance blasted what he called “lawlessness from the Court” in a post on X responding to the Supreme Court striking down President Donald Trump’s sweeping tariffs.
“Today, the Supreme Court decided that Congress, despite giving the president the ability to ‘regulate imports’, didn’t actually mean it,” Vance wrote Friday afternoon.
“This is lawlessness from the Court, plain and simple. And its only effect will be to make it harder for the president to protect American industries and supply chain resiliency.”
Trump argued at a press briefing earlier Friday that the US could “take in more money” through other measures as he announced a 10% global tariff.
Vance also touted other measures available to the president. “President Trump has a wide range of other tariff powers and he will use them to defend American workers and advance this administration’s trade priorities,” he wrote.
Supreme Court tariff ruling could blow big hole in federal deficit
The Trump administration was counting on tariff revenue to offset a hefty portion of the massive tax cuts from the One Big Beautiful Bill Act, which the president signed into law last summer.
The sweeping emergency tariffs, which the Supreme Court just ruled are illegal, were projected to bring in just under $1.4 trillion in revenue over a decade, according to the Tax Foundation, a right-leaning think tank.
President Donald Trump quickly announced that he would enact a 10% global tariff under a different trade law. But those levies would raise only about $800 billion in revenue over a decade, Alex Durante, senior economist at the foundation, told CNN today.
Overall, the “big, beautiful bill” is expected to slash revenue by $4.7 trillion over the next 10 years, taking into account the impact on the economy and interest costs, while tariffs would offset about $3 trillion of that amount, according to the latest estimate from the Congressional Budget Office.
This post has been updated with the latest figures from the CBO.
What happens with tariffs now? More tariffs
President Donald Trump plans to invoke new trade authorities in response to today’s Supreme Court ruling on tariffs.
Here are some of the administration’s options, some of which the president mentioned today:
- Section 122 of the Trade Act of 1974: This law allows a president to levy a tariff of up to 15% for a maximum of 150 days to address “large and serious United States balance-of-payments deficits.” That would occur when the value of a country’s imports far exceeds that of exports, also referred to as a trade deficit.
- Section 232 of the Trade Expansion Act of 1962: This gives the president the authority to impose higher tariffs on national security grounds. It can only be used to target specific sectors and requires an investigation to be launched by the Commerce Department before tariffs can be imposed.
- Section 301 of the Trade Act of 1974: This allows the US Trade Representative to investigate countries potentially violating other nations’ trade agreements or practices in a way that is “unjustifiable” and “burdens or restricts” US business.
- Section 338 of the Tariff Act of 1930: While never implemented by any president, Trump could use this law to impose tariffs of up to 50% on countries’ imports if he believes they are engaging in trade practices that discriminate against the United States. Doing so, however, could violate World Trade Organization agreement terms and prompt steep retaliation from impacted countries.
Fact check: Supreme Court did not give Trump more power on tariffs
Speaking at a news conference Friday, President Donald Trump repeatedly suggested that the Supreme Court had given his administration more power to raise “potentially higher” tariffs.
“While I am sure that they did not mean to do so, the Supreme Cout’s decision today made a president’s ability to both regulate trade and impose tariffs more powerful and more crystal clear rather than less,” Trump said. “I don’t think they meant that.”
Even before the case reached the high court, there was no dispute that the emergency law Trump relied on for his global tariffs could be used for other moves — such as quotas and embargoes. Those powers were in place before Trump took office and they remain in place now.
The issue at the high court was whether a president could rely on that law to levy a tariff, which amounts to a tax, without express approval from Congress. The Supreme Court said Trump can’t.
Trump relied on the emergency law because the White House believed it could quickly turn duties on and off — not to mention raise and lower the rates — as a negotiating tactic. Without that power, Trump’s ability to quickly use tariffs as leverage was significantly weakened, not strengthened, by the court’s decision.
His other options have major strings attached. For instance, Trump announced Friday that he would enact a 10% global tariff under a trade law known as Section 122 — but these tariffs can only be in place for 150 days absent an extension from Congress.
The president just held a news conference on today’s SCOTUS ruling. Here’s what he said
President Donald Trump began his address by calling the Supreme Court’s decision, which ruled that his sweeping emergency tariffs are illegal, “deeply disappointing.”
- “Ashamed” of justices: Trump said he is “ashamed” of the Supreme Court justices — some of whom he appointed — who ruled against his tariffs. “I’m ashamed of certain members of the court, absolutely ashamed, for not having the courage to do what’s right for our country,” the president said. “They also are a, frankly, disgrace to our nation.”
- Praise for dissenters: The president thanked and congratulated justices Thomas Alito and Kavanaugh for their “strength and wisdom and love of our country,” saying, “when you read the dissenting opinions, there is no way that anyone can argue against them.”
- New global tariff: Trump said he is immediately going to enact a 10% global tariff under a trade law known as Section 122. Unlike the prior tariffs Trump imposed, these new levies can only be in place for a maximum of 150 days. Asked by a reporter whether he intends to keep that in effect indefinitely, Trump said, “We have a right to do pretty much what we want to do, but we’re going to charge it starting, effectively I think, it’s three days from now.”
- Alternative tariffs: He also said there are alternative methods to apply tariffs that could potentially generate more revenue than the emergency powers now off limits, citing various laws and sections that he would use, including the 1974 Trade Act and the Trade Expansion Act of 1962.
- Refunds: Trumps said he expects the SCOTUS decision to prompt an extensive legal fight over whether his administration now has to pay companies billions of dollars in refunds.
CNN’s Kit Maher, Elisabeth Buchwald, Adam Cancryn and Kevin Liptak contributed to this reporting.
Trump: Some trade agreements in limbo following SCOTUS decision
It’s not just the tens of billions of dollars in tariff revenue that have been riding on the Supreme Court’s verdict, but also the many trade agreements President Donald Trump inked.
Trump said many of those will stand but “some of them won’t, and they’ll be replaced with the other tariffs.”
The emergency economic powers Trump cited to impose his sweeping tariffs — which the Supreme Court struck down Friday — were also what backed trade agreements with major partners, including China and the European Union.
Those agreements granted partners lower tariff rates compared to what the president had threatened in exchange for promises to purchase more American goods and increase investments in the US.
Trump says he "couldn't care less" if justices attend State of the Union
President Donald Trump said he “couldn’t care less” if the Supreme Court justices who ruled that his tariffs are illegal attend his State of the Union address next week.
“They are invited barely, barely,” the president said, referring to Supreme Court Chief Justice John Roberts and Justices Amy Coney Barrett and Neil Gorsuch.
“Honestly I couldn’t care less if they come,” he added.
He added that the three justices who dissented are “happily invited.”
The speaker of the House and the Senate majority leader are in charge of inviting the justices to the address. Both positions are held by Republicans.
Pressed by another reporter if he regrets appointing Gorsuch and Barrett to the bench, the president deflected but called the justices an “embarrassment to their families.”
CNN has reached out to the Supreme Court about Trump’s comments.
Trump says Supreme Court ruling will spur extended legal fight over tariff refunds
President Donald Trump said Friday he expects the Supreme Court’s decision invalidating his tariffs to prompt an extensive legal fight over whether his administration now has to pay companies billions of dollars in refunds.
The 6-3 ruling did not address whether and how the government should handle the tariff money it’s already collected, which corporations are now expected to sue to get back.
“Wouldn’t you think they would have put one sentence in there saying, keep the money or don’t keep the money, right?” Trump said during a press briefing. “It’s not discussed. We’ll end up being in court for the next five years.”
The president has touted the revenue generated by his tariffs as evidence of the success of his trade policy, insisting that it’s made the nation richer and benefited Americans as a result.
But his critics have responded that consumers are footing the bill for those tariffs, pointing to the anticipated sprint by companies to secure refunds of the money they have paid the government over the past year.
Trump immediately invokes alternative tariffs authority to reinstate 10% global levies
President Donald Trump said Friday he’s immediately going to enact a 10% global tariff under a trade law known as Section 122 following the Supreme Court’s landmark ruling earlier in the day.
In a 6-3 decision, the justices found Trump lacked the authority to impose sweeping tariffs citing emergency economic authority.
But unlike the prior tariffs Trump imposed, the new levies can only be in place for a maximum of 150 days, barring congressional approval for an extension. Asked by a reporter whether Trump intends to keep that in effect indefinitely, he said, “We have a right to do pretty much what we want to do, but we’re going to charge it starting, effectively I think, it’s three days from now.”
Trump also told reporters he will be initiating several new investigations that are necessary precursors to imposing tariffs under a separate trade law known as Section 301.
