Trump's State of the Union speech comes amid Supreme Court ruling against his tariff policies and voter concerns about cost of living ahead of November's midterm elections.

The president is confronting crises that have left Washington unsettled and his own political standing diminished early in his second term.

President Donald Trump was reelected, in large part, because voters trusted he would improve the economy. Now public confidence in Trump's economic plan is slipping. Attitudes toward the president's tariffs tell a more damning story for Trump and the GOP.

Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: U.S. President Donald Trump gestures on the day he delivers a speech on energy and the economy, in Clive, Iowa, U.S., January 27, 2026. REUTERS/Kevin Lamarque/File Photo ...

Trump claimed in mid-January that should the Supreme Court rule against his tariff policy, the U.S. would be forced to “pay back … Hundreds of Billions of Dollars” in investments made by companies and countries hoping to avoid his steep tariffs.

Following the U.S. Supreme Court’s unconstitutional ruling on the 20th, the Donald Trump administration, which lost its ‘tariff weapon,’ has unveiled a ‘Plan B’ linking Section 122 and Section 301 of the Trade Act.