Tackling Tax
Tackling Tax
Forvis Mazars
Tackling Tax Special Edition // Supreme Court: IEEPA Tariffs Invalid
5 minutes Posted Feb 20, 2026 at 8:14 pm.
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In this special breaking news edition of Tackling Tax, we cover the major Supreme Court decision issued on February 20, 2026, regarding the International Emergency Economic Powers Act (IEEPA). The Court has overturned President Trump's IEEPA tariffs, ruling that the act does not authorize the president to impose such tariffs.
Director Iris Laws and Managing Director Michael Cornett briefly break down the 170-page decision to explain what this means for the future of trade, the validity of current international agreements, and the complex path ahead for importers seeking refunds.