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The Supreme Court has delivered a historic 6-3 ruling striking down President Trump's sweeping tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Chief Justice John Roberts wrote that IEEPA "does not authorize the President to impose tariffs," marking the first major judicial defeat for Trump's economic agenda. This decision invalidates the "Liberation Day" tariffs affecting virtually all U.S. trading partners, the 25% duties on Canada, Mexico, and China, and the reciprocal tariffs designed to match foreign rates. Over $175 billion in refunds may be owed to American importers. In this video, I break down: The 6-3 ruling and why two Trump appointees voted against him Chief Justice Roberts' landmark opinion on presidential power Trump's furious response and his new tariff plans using different laws What this means for the $175 billion refund process How this affects prices, businesses, and the midterm elections The constitutional implications for future presidents Trump immediately announced replacement tariffs under Section 122 of the Trade Act of 1974, which can only last 150 days, and promised additional Section 301 tariffs. The legal battle over trade policy is far from over. #trumptariffs #useconomy #markcarney #trump #geopolitics #canadianpolitics #usmca #canadianpolitics