{"id":58962,"date":"2026-02-23T08:38:28","date_gmt":"2026-02-23T12:38:28","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/trump-claims-accidental-empowerment-after-scotus-tariff-ruling-mexico-gdp-exceeds-forecasts\/58962\/"},"modified":"2026-02-23T08:38:28","modified_gmt":"2026-02-23T12:38:28","slug":"trump-claims-accidental-empowerment-after-scotus-tariff-ruling-mexico-gdp-exceeds-forecasts","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-claims-accidental-empowerment-after-scotus-tariff-ruling-mexico-gdp-exceeds-forecasts\/58962\/","title":{"rendered":"Trump Claims &#8220;Accidental&#8221; Empowerment After SCOTUS Tariff Ruling; Mexico GDP Exceeds Forecasts"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>President <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> announced a new 15% global baseline tariff<\/strong> following a Supreme Court ruling that invalidated previous levies, claiming the decision &quot;unwittingly&quot; granted him broader executive strength.<\/li>\n<li><strong>Mexico&#39;s economy outperformed expectations<\/strong> with a final Q4 GDP growth of <strong>1.8% Y\/Y<\/strong>, effectively dodging a technical recession after a sluggish third quarter.<\/li>\n<li><strong>Argus Research raised its price target for Coca-Cola (<a href=\"\/stock\/KO\">KO<\/a>) to $89<\/strong>, citing strong organic fundamentals and robust international volume growth.<\/li>\n<li><strong>Google (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>) launched a landmark AI initiative<\/strong> to provide free Gemini training to <strong>6 million U.S. educators<\/strong>, marking the largest literacy program of its kind in the education sector.<\/li>\n<\/ul>\n<h2>Trump Pivots to New Tariffs Following Supreme Court Setback<\/h2>\n<p>U.S. President Donald <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> responded aggressively to a <strong>Supreme Court<\/strong> ruling that invalidated roughly <strong>$160 billion<\/strong> in tariffs previously collected under the International Emergency Economic Powers Act (IEEPA). In a series of posts on Truth Social, Trump criticized the court&#39;s decision as &quot;ridiculous&quot; and &quot;deleterious,&quot; yet claimed the ruling &quot;accidentally and unwittingly&quot; gave the presidency <strong>far more powers and strength<\/strong> than before.<\/p>\n<p>The President immediately signaled a shift in strategy, announcing a <strong>15% global baseline tariff<\/strong> using Section 122 of the Trade Act of 1974, a rarely used statute that allows for 150-day emergency levies to address balance-of-payment deficits. Trump further threatened to leverage <strong>licensing regimes<\/strong> in &quot;obnoxious&quot; and &quot;terrible&quot; ways against foreign nations, arguing that the legal certainty provided by the court&#39;s clarification of other tariff authorities would allow for more powerful enforcement against countries &quot;ripping us off.&quot;<\/p>\n<h2>Mexico Economy Rebounds with Q4 GDP Beat<\/h2>\n<p>Mexico\u2019s economy showed unexpected resilience in the final quarter of 2025, with <strong>final GDP figures<\/strong> released on Monday showing a <strong>1.8% year-over-year increase<\/strong>. This figure exceeded the <strong>1.6%<\/strong> growth estimated by analysts and marked a significant recovery from the <strong>0.1% contraction<\/strong> seen in the third quarter. On a seasonally adjusted quarter-over-quarter basis, the economy expanded by <strong>0.9%<\/strong>, also beating the <strong>0.8%<\/strong> consensus.<\/p>\n<p>The rebound was primarily driven by the <strong>services and industrial sectors<\/strong>, which both grew by <strong>0.9%<\/strong> during the quarter. Analysts noted that while the primary (agricultural) sector saw a decline, the overall performance was enough to help Mexico <strong>avoid a technical recession<\/strong>. Looking ahead to 2026, economists remain cautious, projecting moderate growth as the country navigates trade-policy uncertainty stemming from the United States.<\/p>\n<h2>Corporate Highlights: Coca-Cola Upgrade and Google\u2019s AI Push<\/h2>\n<p>In the corporate sector, <strong>Argus Research<\/strong> issued a bullish update on Coca-Cola (<a href=\"\/stock\/KO\">KO<\/a>), raising its target price to <strong>$89 from $84<\/strong>. The firm highlighted the beverage giant&#39;s ability to maintain <strong>healthy margins<\/strong> and strong volume growth despite a challenging global earnings environment. Analysts pointed to Coca-Cola&#39;s successful expansion into <strong>non-carbonated categories<\/strong> and its dominant position in emerging markets as key drivers for the upward revision.<\/p>\n<p>Meanwhile, Google (<a href=\"\/stock\/GOOGL\">GOOGL<\/a>) announced a massive expansion of its artificial intelligence footprint in the U.S. education system. The company\u2019s <strong>Google for Education<\/strong> division is launching an initiative to provide free <strong>Gemini AI training<\/strong> to <strong>6 million K-12 and higher education faculty<\/strong>. This partnership with ISTE+ASCD aims to integrate AI tools like <strong>Gemini and NotebookLM<\/strong> into classrooms, positioning Google to capture a larger share of the rapidly growing global EdTech market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways President Trump announced a new 15% global baseline tariff following a Supreme Court ruling that invalidated previous levies, 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