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American Action Forum Issues Commentary: Supreme Court Strikes Down IEEPA
February 21, 2026
WASHINGTON, Feb. 21 -- The American Action Forum issued the following commentary on Feb. 20, 2026, by trade policy analyst Jacob Jensen:

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The Supreme Court Strikes Down IEEPA

Executive Summary

* In a 6-3 decision, the Supreme Court has ruled against President Trump's use of the International Emergency Economic Powers Act (IEEPA), striking down "Liberation Day" tariffs of at least 10 percent on nearly every U.S. trade partner . . .

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