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Supreme Court Limits Trump’s Power, Constraining His Ability to Unilaterally Punish Enemies, Reward Allies with Tariffs

February 20, 2026 – In response to today’s Supreme Court ruling on the consolidated cases challenging President Trump’s imposition of expansive tariffs using the International Emergency Economic Powers Act (IEEPA), Lori Wallach, Director of the Rethink Trade program at the American Economic Liberties Project, said: “A Supreme Court otherwise inclined to endlessly expand Trump’s authority just restricted his go-to tool, ruling that U.S. presidents do not have the power to unilaterally deploy tariffs and dole out punishment and favor to specific companies and economic sectors, friends and family, and entire countries.

Donald Trump Promised to Balance U.S. Trade to Rebuild American Manufacturing: That Is Not What Happened in 2025, New Data Show

February 19, 2026 – While on the campaign trail and in his presidential trade policy announcements since, Donald Trump has promised to rebuild American manufacturing and create more American industrial jobs by reducing the U.S. trade deficit. Today’s release of 2025 trade data and manufacturing indices that measure the first year of Trump’s second term allow us to begin measuring how his policies are affecting key trade and manufacturing outcomes.

Economic Liberties Commends Senate Leaders’ Push for Answers on Firing of DOJ Antitrust Chief

February 17, 2026 – Following oversight letters from Senate Judiciary leaders demanding answers from Attorney General Pam Bondi about the forced resignation of Department of Justice Antitrust Division chief Gail Slater, the American Economic Liberties Project released the following statement.

New State-Level Model Leg. Reins in Excess Utility Profits to Lower Costs

February 17, 2026 – Amid an acute energy affordability crisis, the American Economic Liberties Project today released new model legislation that would provide relief to utility customers by reining in unjust and unreasonable monopoly utility profits. 

Economic Liberties Calls on FTC to Appeal Court Ruling Against Bipartisan HSR Form

February 13, 2026 – In response to news that Judge Jeremy Kernodle of the U.S. District Court for the Eastern District of Texas has sided with the Chamber of Commerce to strike down reforms to the premerger notification form and rules (otherwise known as the HSR Form) finalized on a bipartisan basis by the Federal Trade Commission and Department of Justice Antitrust Division in 2024, the American Economic Liberties Project released the following statement.