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Trump slams top court's tariff ruling, says ‘almost all’ countries want to keep the deal they made: ‘New deal could be far worse’

The US Supreme Court struck down Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies

February 25, 2026 / 09:11 IST
US President Donald Trump

US President Donald Trump termed the Supreme Court’s decision to strike down a large swath of his tariffs as “unfortunate”. However, he stated that almost all countries want to keep the trade deal, announced before the ruling, intact.

“…The good news is that almost all countries and corporations want to keep the deal that they already made, knowing that the legal power that I, as President, have to make a new deal could be far worse for them,” Trump said speaking before a joint session of Congress during his 2026 State of the Union address.

“And therefore, they will continue to work along the same successful path that we had negotiated before the Supreme Court's unfortunate involvement,” he added.

The US Supreme Court on Friday struck down Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, handing the Republican president a stinging defeat in a landmark ruling.

Delivering his address, Trump pointed to trade levies as a central pillar of his administration's economic strategy. The President said the tariffs helped reverse what he previously characterised as a stagnant economy and declining global leverage, arguing they strengthened domestic industry and compelled trading partners to renegotiate agreements.

“Countries that were ripping us off for decades are now paying us hundreds of billions of dollars... And yet these countries are now happy, and so are we,” he said.

The US President also claimed the US markets had hit historic highs on the back of the tariff structures before the US Supreme Court ruling.

"One of the primary reasons for our country's stunning economic turnaround, the biggest in history, where the Dow Jones broke 50,000 four years ahead of schedule and the S&P hit 7,000 where it wasn't supposed to do it for many years, were tariffs. I used these tariffs, took in hundreds of billions of dollars to make great deals for our country, both economically and on a national security basis. Everything was working well," he said.

Moneycontrol World Desk
first published: Feb 25, 2026 09:08 am

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