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Dollar dips after Supreme Court rules against Trump's tariffs
short by / on Saturday, 21 February, 2026
The dollar fell sharply in volatile trading after the US Supreme Court struck down Donald Trump's sweeping tariffs imposed under a national emergency law. In a 6-3 decision written by Chief Justice John Roberts, the court ruled that the president overstepped his authority under the 1977 statute, raising fresh uncertainty over US trade policy and currency markets.