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Supreme Court Ruling Could Reverse Trump's Tariffs Today

2/20/2026

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Summary

Story summary

The U.S. Supreme Court may announce today a ruling on the legality of tariffs imposed by President Donald Trump over the past year, with potential tens of billions of dollars returned to companies that paid the tariffs.
Private asset managers face stress as Blue Owl liquidates assets to repay clients seeking withdrawals.
Stock markets appear poised to recover from losses experienced on Thursday.

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Story summary

The U.S. Supreme Court may announce today a ruling on the legality of tariffs imposed by President Donald Trump over the past year, with potential tens of billions of dollars returned to companies that paid the tariffs.
Private asset managers face stress as Blue Owl liquidates assets to repay clients seeking withdrawals.
Stock markets appear poised to recover from losses experienced on Thursday.