{"id":90291,"date":"2026-02-20T16:23:47","date_gmt":"2026-02-20T16:23:47","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=90291"},"modified":"2026-02-20T16:23:47","modified_gmt":"2026-02-20T16:23:47","slug":"crunch-time-for-trump","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/02\/20\/crunch-time-for-trump\/","title":{"rendered":"Crunch time for Trump"},"content":{"rendered":"<p>The <a href=\"https:\/\/www.nytimes.com\/live\/2026\/02\/20\/us\/trump-tariffs-supreme-court?campaign_id=60&amp;emc=edit_na_20260220&amp;instance_id=171379&amp;nl=breaking-news&amp;regi_id=57004063&amp;segment_id=215563&amp;user_id=25b98ff8296aef9b7c527c5c9f885e7a\" target=\"_blank\" rel=\"noopener\">New York Times<\/a> has just reported:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-90292\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-20-at-16.15.29-550x289.png\" alt=\"\" width=\"550\" height=\"289\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-20-at-16.15.29-550x289.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-20-at-16.15.29-768x403.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-20-at-16.15.29-600x315.png 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-20-at-16.15.29.png 1230w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>Let me contextualise this. The decision does not prove there is a god, but it does seem a little short of a miracle given the makeup of the Supreme Court, who must have known the consequences of their decision.<\/p>\n<p>Trump's economic policy now lies in tatters.<\/p>\n<p>Whose chosen method of economic warfare has been denied to him.<\/p>\n<p>The cost of reparations is going to be considerable - and you can be sure the claims for losses will now pile in.<\/p>\n<p>And if he can lose on this, confidence in what else he plans will be lost.<\/p>\n<p>Of course, one should not overextrapolate a decision, but at the same time, why not? The whole logic of his administration is torn apart by this decision because what it makes clear is that there might still be a rule of law in the USA, and Trump cannot do whatever he wishes.<\/p>\n<p>I do live in hope.<\/p>\n<p>Has crunch time come for Trump?<\/p>\n<p>And for the dollar?<\/p>\n<p>What next? An Epstein trial? That could change things altogether.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New York Times has just reported: Let me contextualise this. The decision does not prove there is a god, but it does seem a<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2026\/02\/20\/crunch-time-for-trump\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,75],"tags":[],"class_list":["post-90291","post","type-post","status-publish","format-standard","hentry","category-economics","category-usa"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/90291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=90291"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/90291\/revisions"}],"predecessor-version":[{"id":90293,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/90291\/revisions\/90293"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=90291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=90291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=90291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}