WASHINGTON: For a few hours on Friday, congressional Republicans seemed to get some relief from one of the largest points of friction they have had with the Trump administration. It didn’t last. The Supreme Court struck down a significant portion of President Donald Trump’s global tariff regime, ruling that the power to impose taxes lies with Congress. Many Republicans greeted the Friday morning decision with measured statements, some even praising it, and party leaders said they would work with Trump on tariffs going forward.

Trump, as recently as Thursday, has talked up the consequences of the Supreme Court striking down his tariffs prior to the seismic ruling.

The Supreme Court ruled against a centerpiece of President Donald Trump's tariff agenda on Friday. Consumers could save money as a result, economists said.