Cindy's Version: Congress, Not the President: Supreme Court Limits IEEPA Tariff Power

Simply Trade · Feb 20, 2026 · 11m

Host: Cindy Allen

Published: February 20, 2026

Length: ~18 minutes

Presented by: Global Training Center

Summary

“Tariff Friday” may go down as one of the most pivotal days in recent trade history.

In this episode of Simply Trade: Cindy’s Version, Cindy Allen breaks down the U.S. Supreme Court’s 6–3 decision ruling that IEEPA does not authorize the President to impose tariffs. The Court found that the authority to levy taxes and tariffs belongs to Congress, and that the term “regulate” under IEEPA does not include the power to raise revenue.

Inspired by Taylor Swift’s Opalite, Cindy walks…