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Notes on the Week AheadAuthor: Dr. David Kelly
Listen to the latest insights from Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management to help prepare you for the week ahead. Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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The Investment Implications of the Tariff Decision
Episode 332
Monday, 23 February, 2026
On Friday, the Supreme Court released a long-awaited decision, ruling that the President’s imposition of tariffs, using the 1977 International Emergency Economic Powers Act, otherwise known as IEEPA, was illegal. The President held a press conference that afternoon and issued a proclamation announcing a general 10% tariff on imported goods, using a different statute and promised to invoke a third set of statutes to replace the overturned tariffs on a more permanent basis. On Saturday, he announced that the 10% tariff rate was being raised to 15%.
