The U.S. Supreme Court struck down President Donald Trump's sweeping global tariffs, handing him a loss on an issue crucial to his economic agenda.

The Supreme Court told the Trump administration that the term "regulate" in the IEEPA does not give White House authority to impose tariffs on imports.

Supreme Court limits Trump's tariff powers as trade duties surge 300% since his return, generating $124 billion in revenue but raising consumer concerns.

By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON, Feb 20 (Reuters) - For more than a year, Donald Trump has moved through Washington like a monarch, in a capital increasingly shaped by his power, threats and whims.

The major stock indexes rose on Friday to close out a winning week after the Supreme Court struck down the sweeping tariffs implemented by President Trump last year in a major setback for the president's signature economic policy.

Louisiana Attorney General Liz Murrill arrived at the Supreme Court shortly before 10 a.m. on January 9 and took a seat in the spectator section of the columned courtroom. When US Solicitor General John Sauer,