The Supreme Court’s stunning ruling Friday that President Donald Trump’s tariffs were unlawful may very well have set the Republican Party up for failure in theThe Supreme Court’s stunning ruling Friday that President Donald Trump’s tariffs were unlawful may very well have set the Republican Party up for failure in the

Supreme Court’s tariff decision may have dealt GOP a midterm death blow: report

2026/02/23 03:17
2 min read

The Supreme Court’s stunning ruling Friday that President Donald Trump’s tariffs were unlawful may very well have set the Republican Party up for failure in the upcoming midterm elections, a Wall Street Journal report published on Saturday suggested.

Within hours of the court’s ruling, Trump vowed to pursue alternative methods for imposing his so-called reciprocal tariffs on other nations, and less than 24 hours later, hiked global tariffs from 10% to 15%. And, while Trump has yet to provide full details as to what those “alternatives” may look like, the Journal noted that all options available to him would set his trade policy “on a collision course with the midterm campaign season.”

“Some of the new tariffs Trump wants to impose require congressional approval to extend beyond five months. Others require months of investigations before they can be put into place,” wrote Journal trade and economic policy reporter Gavin Bade.

“In both cases, that pushes key tariff decisions into the summer, just months before November’s midterms when many Republicans are likely to be especially sensitive to complaints about inflation and affordability.”

Of the tariff options available to Trump that require Congressional approval, Kevin Brady, a former Republican member of Congress from Texas, told the Journal that lawmakers would be hesitant to support new tariffs just months away from the midterms.

“The potential that they could be asked by the White House to vote to levy higher tariffs on their constituents is not something Congress would look forward to,” Brady told the Journal. “The conventional wisdom is that there isn’t support for that.”

Americans have largely soured on Trump’s tariffs, with a new Washington Post-ABC News-Ipsos poll revealing this weekend that 64% of Americans disapprove of Trump’s tariffs. Trump’s tariffs have increased prices across a range of different sectors, and a recent study found that 96% of all tariff-induced cost increases were paid directly by American consumers.
Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$3.205
$3.205$3.205
-5.65%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
Gold rises to near $5,100 as Trump’s tariffs boost haven demand, US-Iran talks eyed

Gold rises to near $5,100 as Trump’s tariffs boost haven demand, US-Iran talks eyed

The post Gold rises to near $5,100 as Trump’s tariffs boost haven demand, US-Iran talks eyed appeared on BitcoinEthereumNews.com. Gold price (XAU/USD) edges higher
Share
BitcoinEthereumNews2026/02/23 07:49
XRPL Validator Reveals Why He Just Vetoed New Amendment

XRPL Validator Reveals Why He Just Vetoed New Amendment

Vet has explained that he has decided to veto the Token Escrow amendment to prevent breaking things
Share
Coinstats2025/09/18 00:28