23-February-2026
Economy News
 
Charting the global economy: Trump’s tariffs struck down by Supreme Court may prolong battle over refunds
23-Feb-2026

US President Donald Trump’s global tariffs were struck down by the Supreme Court, undercutting his signature economic policy and kicking off what could be a prolonged battle over refunds. Net trade ended up barely adding to US economic growth at the end of last year, culminated in a weaker-than-expected fourth quarter that was also restrained by a record-long government shutdown. Even so, a gauge of underlying demand was still strong.

News Source:- https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-trumps-tariffs-struck-down-by-supreme-court-may-prolong-battle-over-refunds/articleshow/128665061.cms