Larry Kudlow: If you think tariffs ended with today's SCOTUS decision, think again
Fox Business
|
February 20, 2026 at 11:31 PM UTC
Bullish
70% Confidence
Watch on YouTube
Key Points
- Supreme Court ruled 6-3 against President Trump's authority to levy tariffs under the International Emergency Economic Powers Act (IEEPA).
- Kudlow dismisses the ruling as a 'technical matter,' stating Trump's reciprocal trade policy will continue.
- Trump can utilize Section 122 of the Trade Act of 1974 (up to 50% tariff for 150 days), Section 301 (unfair trading practices), and Section 232 (national security threats).
- Trump views these alternative tariff options as 'even stronger' than IEEPA and will employ them, including using tariffs as a foreign diplomacy tool.
- Kudlow concludes that 'nothing really changes' regarding Trump's trade strategy, which aims to level the playing field and attract investment.
AI Summary
Larry Kudlow discusses the Supreme Court's decision to strike down President Trump's tariffs under the IEEPA, arguing it's a technicality. He asserts that Trump retains other, potentially stronger, legal options to impose tariffs and will continue his reciprocal trade policy to rejuvenate the American economy and attract investment.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bullish | 70% |
| Consensus | Bullish | 70% |