• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home World

US Business Groups, Lawmakers Welcome Supreme Court Ruling Against Trump Tariffs

OMMCOM NEWS by OMMCOM NEWS
February 21, 2026
in World

New York: US business groups, advocacy organisations and lawmakers welcomed a Supreme Court ruling that invalidated President Donald Trump’s use of emergency powers to impose tariffs, calling the decision a reaffirmation of congressional authority and a relief for businesses.

In a 6-3 decision, the Supreme Court determined that the executive branch exceeded its authority by invoking emergency powers to levy import taxes on most trading partners, declaring many of the previous year’s tariffs illegal.

Neil Bradley, executive vice president and chief policy officer at the US Chamber of Commerce, said on Friday that the decision was “welcome news for businesses and consumers,” noting that companies had faced significant cost increases and supply-chain disruptions as a result of the tariffs.

He urged the administration to move swiftly to refund unlawfully collected duties and to reset overall tariff policy to promote economic growth and lower costs for families.

We Pay the Tariffs, a coalition advocating for small businesses, also called for “full, fast and automatic” refunds, saying many of its members had paid billions of dollars in duties that “never should have been imposed.”

US Senator Mitch McConnell, a Republican from Kentucky, also welcomed the ruling, Xinhua news agency reported.

“The empty merits of sweeping trade wars with America’s friends were evident long before today’s decision,” McConnell said in a statement.

“The American people already know that when Washington throws up artificial barriers, building and buying here at home become more expensive.”

Edward Fishman, a former State Department and Treasury official now with the Council on Foreign Relations, said the decision could limit the use of tariffs as a rapid-response geoeconomic tool, though they could still be employed in trade negotiations through other legal channels.

Some business groups cautioned that uncertainty remains, expressing concern that tariffs could be reimposed through alternative statutory mechanisms.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

US Lawmaker Leaves Seat Empty Over Deportation Of Indian American

Next Post

Low Pressure Over BoB Likely To Bring Rain, Thunderstorms To Several Odisha Districts

Related Posts

World

Tariffs Stay Central To Trump’s Economic Policy: US Treasury Secretary

February 21, 2026
World

US Lawmaker Leaves Seat Empty Over Deportation Of Indian American

February 21, 2026
Trump
World

Trump Alleges ‘Foreign Sway’, Signals Tariff Escalation After US Supreme Court Verdict

February 21, 2026
World

Key Takeaways From President Trump’s Press Conference

February 21, 2026
World

Trump Denounces US Court’s Verdict, Broadens Tariff Offensive

February 21, 2026
World

Trump Announces 10 Pc Global Tariff After Raging Over US Supreme Court Loss

February 21, 2026
Next Post

Low Pressure Over BoB Likely To Bring Rain, Thunderstorms To Several Odisha Districts

Tariffs Stay Central To Trump's Economic Policy: US Treasury Secretary

India, US

US Trade Gap Widens; India Deficit At $58bn

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.