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U.S. Halts Tariffs After Supreme Court Declares Them Illegal

The United States will officially stop collecting a series of tariffs that the Supreme Court recently ruled unlawful under the International Emergency Economic Powers Act (IEEPA). Beginning at 12:01 a.m. EST on Tuesday, February 24 , U.S. Customs and Border Protection (CBP) will deactivate all tariff codes tied to former President Donald Trump’s IEEPA-based orders.  The decision follows a 6–3 Supreme Court ruling that found the administration lacked authority to impose broad, emergency‑based tariffs under IEEPA, noting that the law contains no reference to duties.  CBP’s move raises significant questions about potential refunds for importers who paid the now‑invalidated tariffs. While these IEEPA‑related duties will end immediately, other Trump‑era tariffs imposed under different legal authorities remain in place. If you’d like, I can expand this into a longer article, add quotes, or tailor it for a specific audience.
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Market Turmoil: UnitedHealth's Plunge Sends Dow Spiraling Amid Weekly Losses

The stock market faced another turbulent session as UnitedHealth (UNH) shares plummeted over 22%, dragging the Dow Jones Industrial Average down by more than 500 points. The Nasdaq Composite and S&P 500 struggled to find footing, with both indexes sputtering after Wednesday’s tech-led sell-off.

UnitedHealth’s sharp decline followed a cut in its full-year profit forecast, making it the worst-performing Dow component of the day. The broader market also felt the weight of uncertainty surrounding trade policies and Federal Reserve decisions, as Fed Chair Jerome Powell warned of economic challenges ahead  due to tariffs.

Despite a slight rebound in the S&P 500, all three major indexes closed the week lower, with the Dow and Nasdaq falling over 2.5% and the S&P 500 down around 1.5%. Investors now turn their attention to upcoming earnings reports and economic indicators that could shape market sentiment in the coming weeks.


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