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US top court scraps Trump tariffs, copper jumps and dollar slides - Feb 20, 2026
As of February 20, today’s news is dominated by the economic and geopolitical ripple effects of a U.S. Supreme Court ruling that reshapes the outlook for tariffs and global trade. The U.S. Supreme Court struck down Donald Trump's tariffs, asserting that he exceeded his authority under the International Emergency Economic Powers Act. This decision has substantial implications for global trade, leading to a boost in U.S. stock indexes and a decline in the value of the dollar. The ruling also prompted a rise in prices for copper and aluminum, reflecting a reduction in risks to global trade…
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