\u2018Liberation day\u2019: U.S. Supreme Court strikes down Trump tariffs<\/p>\n
Published 9:55 am Friday, February 20, 2026<\/p>\n
The U.S Supreme Court has struck down President Donald Trump\u2019s sweeping import tariffs in a 6-3 decision released on Friday, Feb. 20.<\/p>\n
B.C. Premier David Eby was cautiously optimistic at an appearance before the Greater Vancouver Board of Trade shortly after the news broke.<\/p>\n
\u201cGood morning, everybody, and happy Liberation Day,\u201d he said. \u201cWe\u2019ll see, right?\u201d<\/p>\n
The implications of the decision are not yet known, but the 170-page opinion is clear that Trump cannot rely on the International Emergency Economic Powers Act to impose tariffs. Trump had used that law, passed by Congress in 1977, to circumvent the legislature\u2019s designated role in imposing tariffs.<\/p>\n
While tariffs were eventually imposed on many countries, the decision mentions Canada almost immediately, as Trump\u2019s initial tariff threat early last year was for 25 per cent levies on Canadian imports and 10 per cent on Mexican imports. He justified them by declaring an emergency to stem the flow of illegal drugs into the U.S.<\/p>\n
When Trump introduced the full slate of worldwide tariffs on April 2, he referred to it as \u201cLiberation<\/a> Day<\/a>.\u201d<\/p>\n Since then, the tariff threats have continued to evolve.<\/p>\n With the Canada-U.S.-Mexico Trade Agreement (CUSMA) in place, the overall rate of tariffs on Canadian goods entering the U.S. is lower because some goods are exempt. According to the most recent analysis by the Royal Bank of Canada, the overall effective rate of tariffs on Canadian goods had decreased to 3.1 per cent by November.<\/p>\n The economic impact on Canada is unclear at this stage. Eby quickly pointed out that this will not provide full relief for the softwood lumber sector, which is subject to separate duties.<\/p>\n \u201cI was certainly relieved to see that Supreme Court decision around tariffs, and while it doesn\u2019t address the challenges in our software sector, it certainly does potentially address some of the serious concerns we have about our relationship with the United States,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"\u2018Liberation day\u2019: U.S. Supreme Court strikes down Trump tariffs Published 9:55 am Friday, February 20, 2026 The U.S…\n","protected":false},"author":2,"featured_media":488269,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194299],"tags":[49,48,87674],"class_list":["post-488268","post","type-post","status-publish","format-standard","has-post-thumbnail","category-surrey","tag-ca","tag-canada","tag-surrey"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/488268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=488268"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/488268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/488269"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=488268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=488268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=488268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}