Wednesday - February 25, 2026
SCOTUS Strikes Down IEEPA Tariffs; President Trump Issues New Tariff Proclamation
February 25, 2026
NEW YORK, Feb. 25 -- The Toy Association issued the following news on Feb. 24, 2026:

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SCOTUS Strikes Down IEEPA Tariffs; President Trump Issues New Tariff Proclamation

On February 20, the U.S. Supreme Court issued a 6-3 decision ruling that President Donald Trump's tariffs on products entering the United States from multiple countries were not authorized under the International Emergency Economic Powers Act (IEEPA).

The case was broug . . .

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