In a 6-3 decision, the U.S. Supreme Court this Friday, February 20, 2026, invalidated the global tariffs imposed by President Donald Trump.
The court held that The administration used the International Emergency Economic Powers Act to exceed its authority. (IEEPA) introduces import taxes without explicit approval from Congress.
The news caused trouble Immediate reaction of financial markets; S&P 500 and Nasdaq 100 reached session highs; Bitcoin and cryptocurrencies react to volatilityHowever, as of this publication, there are still no clear trends.
Chief Justice John Roberts wrote the majority opinion, noting that: For the president to exercise these economic powers, he needs “clear legislative authority.”.
Mr. Roberts emphasized that there is the ability to regulate imports. does not grant unlimited power to set prices Unilaterally.
The resolution directly impacts the 10% global “Emancipation Day” tariff, as well as certain taxes that have collected more than $175 billion, according to estimates from the Penn Wharton budget model reported by Reuters, and that amount may now be eligible for refunds.
Eliminating these trade barriers tends to ease inflationary pressuresare factors that the Federal Reserve System (FED) closely monitors for monetary policy decisions.
In this context, Bitcoin could benefit from its high liquidity and low geopolitical risk environment. Recall that the imposition of duties on imported goods had a negative impact on the price of Bitcoin, as explained by CriptoNoticias in April 2025.
Alberto Cárdenas, a Venezuelan trader and financial market expert, commented in November 2025 that the court’s ruling against President Trump’s tariffs “could create a short-term weak dollar effect because the United States would have to repay all the tariffs it has imposed so far.”
For Cárdenas, that would be “a situation where the prices of assets that are negatively correlated with Bitcoin, gold, and the dollar go up.”
The market will continue to pay close attention to the White House’s response.
