Good morning. It is Saturday, February the 21st. I'm Ali Velshi. Yesterday, the Supreme Court

underscored a principle that has been part of the Constitution from the very beginning.

Even the most powerful president in the world cannot rewrite the Constitution to win an argument about economics.

24 hours ago, President Donald Trump suffered a significant legal defeat on one of the defining issues of his political identity, his tariffs.

Now, for years, Donald Trump described tariffs as a kind of an economic superpower, a way to punish foreign countries and rich Americans and raise

money for the government at the same time. He said repeatedly that other nations were paying us

trillions of dollars. It is telling tariffs were not just policy. They were proof that America

could act alone and quickly to solve complicated global trade problems. Well, yesterday,

the Supreme Court rejected the legal basis

for a specific group of those tariffs, the sweeping import taxes that the President imposed

using emergency economic powers. These tariffs covered familiar goods, like many everyday products

imported from other countries and auto-related parts. In this case, the authority Trump used to impose those

tariffs was designed for real emergencies, allowing a president to act quickly during a sudden

economic or national crisis. The court said those emergency powers cannot be stretched into a

long-term substitute for Congress writing actual tax policy. These were not traditional tariffs passed by

Congress through normal trade laws. Instead, they were broad taxes placed on many imported goods

based on the president's claim of emergency authority. In simple terms, the court concluded that

emergency powers cannot be used to impose what are essentially taxes unless Congress clearly allows it.

Donald Trump responded quickly, saying he's got a backup plan, an additional 10% global

tariff, and he had some choice words for the Supreme Court justices who ruled against him.

Today I will sign in order to impose a 10% global tariff under Section 122 over and above

are normal tariffs already being charged.

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