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Monday, January 19, 2026

Trump Warns of Economic Disaster If Supreme Court Rules Against Tariffs

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A U.S. flag flies in front of cranes at the Conley Container Terminal in Boston on Nov. 4, 2025. Brian Snyder/ReutersPresident Donald Trump said on Monday that the United States faces an economic and national security catastrophe if the Supreme Court nullifies his use of an emergency powers statute to place tariffs on most nations.Trump also said his administration is looking into $2,000 stipends to lower- and middle-income Americans through tariff dividends, as well as paying off the national debt.

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