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Stock impact report

Supreme Court ruling throws Trump administration's tariff strategy into flux. What it means for global trade, U.S. economy [MSNBC.com]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: MSNBC.com
Shipping containers at the port of Oakland in California on Feb. 23, 2026, following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs.Carlos Barria | ReutersThe Supreme Courtstruck downIn 6-3 decision, the high court ruled that President Trumpdid not have the legal authorityTrump laterleveled new tariffs up to 15% effective immediatelyEuropean Union leaders expressed dismayThe pushback against the latest U.S. tariff threat underscores deep frustration over the president's erratic trade policies, and could push foreign governments to scale back U.S. trade and lead businesses to curb expansion, investment and hiring.The result might hobble the U.S. economy. "It shifts how trade is done with the largest economy in the world, and that has economic consequences," Mike Reid, head of U.S. economics at Royal Bank of Canada told CNBC, referring to the Supreme Court ruling and new tariff push.DownsideThe trade war drama is likely to contribute to a climat Show less Read more
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