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Peterson Institute for International Economics Issues Commentary: What the Supreme Court's Tariff Ruling Changes, and What It Doesn't
February 25, 2026
WASHINGTON, Feb. 25 -- The Peterson Institute for International Economics issued the following commentary on Feb. 23, 2026, by nonresident senior fellow Kimberly Clausing and senior fellow Maurice Obstfeld:

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What the Supreme Court's tariff ruling changes, and what it doesn't

In a clear rebuke to President Donald Trump's tariff policies, the Supreme Court ruled on February 20 that many of his tariffs--those that invoked the International . . .

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