CFO whose business fell 10% from tariffs cheers Supreme Court ruling: ‘No single person should have unilateral authority over tariffs’

February 21, 2026 - 03:03

Matt Totsch, Chief Financial Officer of the building materials manufacturer Trim-Tex, is celebrating a recent Supreme Court decision that challenges unilateral presidential authority to impose tariffs. The ruling, he argues, is a crucial step toward stabilizing the business environment for American companies.

Totsch speaks from direct experience, citing how his own business suffered a ten percent decline due to the turbulent tariff policies enacted during the previous administration. He describes the period as one of "crippling uncertainty," where sudden and unpredictable import taxes disrupted supply chains, inflated material costs, and complicated long-term financial planning for manufacturers.

"For too long, businesses have been at the mercy of shifting trade directives," Totsch stated. "This ruling reinforces that no single person should have unilateral authority over tariffs, which are essentially taxes impacting the entire economy. We need a more deliberate and consistent process." Industry advocates echo this sentiment, hoping the judicial check will lead to greater predictability. They argue that while trade policy is essential, its execution must allow businesses to operate without the constant threat of abrupt, disruptive changes that hinder investment and growth.