Diagram of the British slave ship Brookes, published in 1788. Public domain, British Library.
On February 20, 2026, the Supreme Court said an emergency economic law does not authorize tariffs, by a vote of 6 to 3, and it did not order refunds.
If money is tight, do not spend a refund the Court did not mail.
If you are in the middle, a price falls only if the tax that was in it actually comes out.
If you have savings, the legal risk moved, and the trade fight did not retire.
On February 20, 2026, the Supreme Court decided Learning Resources versus Trump.
Six justices held that the International Emergency Economic Powers Act does not authorize tariffs, and three disagreed.
The Court did not set up a refund.
Source: Learning Resources versus Trump, Supreme Court of the United States, decided February 20, 2026.