Today is Monday, February 23rd. We'll tell you about the U.S. Supreme Court's decision to strike down most of President Trump's tariffs and what action the president has taken in response. Also, what to know about the unrest in Mexico after the country's most powerful cartel leader was killed and what it means for American travelers. Plus, a life-threatening winter storm that could bring feet of snow to major U.S. cities, new

emergency measures in response to the partial government shutdown, and the final medal count from

Team USA's history-making showing at the Winter Olympics. Those stories and even more news to know coming

up. Welcome to The Newsworthy, all the day's news in less than 15 minutes. I'm Erica Mandy. Thanks so much for being here. Let's do this.

Much of President Trump's signature economic policy has been flipped on its head. In a six to three ruling, the U.S. Supreme Court decided the president could not use his emergency powers law to tax imports, since that power should belong to Congress. In other words,

the justices struck down Trump's biggest and boldest tariffs. The high court's ruling could

mean the U.S. government having to refund more than $100 billion in tariff revenue to thousands

of importers. But it didn't give any guidance on

how exactly that should happen, leaving that issue to lower courts. And trade lawyers say there will

likely be a long road ahead of legal fights and other proceedings as companies try to recoup the money.

Economists also say the high court's decision is unlikely to have a big impact on prices for

everyday Americans,

partly because companies that raised prices to offset the tariffs don't seem likely to lower them

now, so long as the rates are still uncertain. And also, because President Trump has already

announced his Plan B. Trump announced a new 15% global tariff on all imports entering the U.S. effective immediately. But to impose them,

the Trump administration will use a different legal authority than the one the Supreme Court ruled

against. But under this law, the tariffs can only last for up to 150 days. After that,

Congress may have to take action to extend them. If Congress does not act and they end up expiring,

it's not clear if Trump could immediately restart the tariffs with another executive order.

And either way, more legal challenges are also expected this time around. But the Trump administration

says it has a plan C too, and that no matter what, Trump's tariffs policy will prevail.

Stay tuned.

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