Supreme Court Strikes Down President Trump’s Tariffs in Six to Three Decision

What Happened?

The Supreme Court struck President Trump’s tariffs in a six-to-three decision, ruling that the president far exceeded his authority in implementing sweeping tariffs last year.

Writing for the majority, Chief Justice John Roberts found that the tariffs were beyond the authorization provided by the 1977 emergency economic powers law, and that because Congress has the authority to regulate interstate commerce, the president cannot impose tariffs without Congressional approval. 

In the conclusion of the ruling, the majority wrote that the emergency authority President Trump tried to rely on to implement tariffs fell short of what is allowed under federal law and the U.S. Constitution. 

Why it Matters

The striking down of the Trump Administration’s tariffs will likely reverberate through the U.S. and global economy in the coming weeks. While the ruling invalidated the tariffs, it did not say what should be done with the approximately one hundred and thirty billion dollars in revenue the tariffs have already generated.

What happens to that money is a question that will likely be sorted out by the lower courts in the coming weeks. The ruling is a major political defeat for President Trump, who had sought to make the tariffs the centerpiece of his economic policies. 

Investors Are Tapping Into This $7B Federal Push

Washington has earmarked $7B to strengthen America’s critical mineral supply chains. The real winner? A US startup positioned to become a cornerstone of domestic lithium production (and its early-stage investors).

Meet EnergyX. Their GET-Lit™ technology extracts up to 3X more lithium than conventional methods. That’s why EnergyX earned backing from General Motors, POSCO, and Eni. 

With nearly 150,000 acres of lithium-rich territory across Chile and the US, they’re currently preparing for commercial extraction.

A recent independent study projects their flagship Chilean project could generate $1.1B annually once fully operational, at projected market prices. With 40,000+ investors already on board, EnergyX is quickly becoming a force in the $5486B energy storage market.*

Join them today as an early-stage EnergyX shareholder before the share price increases from $11/share after 2/26.

In 2025, the Trump Administration cited a 1977 law as the legal basis for its sweeping tariffs. The International Emergency Economic Powers Act of 1977 grants the U.S. President broad authority to regulate or prohibit foreign economic transactions. Such as freezing assets or imposing sanctions, following a declared national emergency in response to an unusual and extraordinary foreign threat to U.S. national security, foreign policy, or the economy.

In another part of the ruling, the court found that since no such emergency exists or existed in 2025, there is no basis for using that law to implement tariffs. 

Despite promises to improve trading parity between the U.S. and other nations, last year the trade deficit for the U.S. remained enormous despite the Trump Administration's tariffs. A tariff is just another word for a tax, and the implementation of such broad tariffs on imports to the U.S. triggered waves of retaliatory tariffs abroad, which in turn reduced sales and revenue for American exporters.

Billions in revenue and thousands of jobs were likely lost due to the Trump Administration's tariffs in 2025 alone. The Trump Administration may seek other legal avenues to reimpose some of the current tariffs, but the Supreme Court ruling will most likely bring the sweeping tariffs of 2025 to an end. 

How it Affects You

In the past, when tariffs were temporarily halted, the market responded positively, so it's likely that stocks will increase on the news of the Supreme Court decision permanently striking down the Trump Administration tariffs. The ruling will also likely be used by political opponents of the Trump Administration as a significant talking point during the 2026 mid-term elections.

*Disclaimer: Energy Exploration Technologies, Inc. (“EnergyX”) has engaged Shortlysts to publish this communication in connection with EnergyX’s ongoing Regulation A offering. Shortlysts has been paid in cash and may receive additional compensation. Shortlysts and/or its affiliates do not currently hold securities of EnergyX. This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX’s offering materials. EnergyX’s Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.