Supreme Court strikes down most of Trump's tariffs in a blow to the president
4 days ago
- #Tariffs
- #Trump Administration
- #Supreme Court
- The Supreme Court ruled 6-3 that President Trump exceeded his authority by imposing sweeping tariffs under the International Emergency Economic Powers Act (IEEPA).
- The ruling invalidates many of Trump's tariffs, though some could still be reimposed using other laws.
- Trump called the decision a 'disgrace' and claimed to have a backup plan.
- Chief Justice John Roberts authored the ruling, stating IEEPA does not authorize the president to impose tariffs.
- Justices Clarence Thomas, Brett Kavanaugh, and Samuel Alito dissented.
- Business owners who paid the tariffs welcomed the decision, calling them 'arbitrary' and 'unconstitutional.'
- The ruling affects country-by-country tariffs and a 25% tariff on some goods from Canada, China, and Mexico.
- Companies may seek refunds from the Treasury Department, though the court did not directly address this issue.
- The Constitution assigns tariff-setting power to Congress, but Trump used IEEPA, which had never been used for tariffs before.
- The case highlighted the court's skepticism of unilateral executive power, similar to its stance on Biden's student loan forgiveness plan.
- As of mid-December, IEEPA tariffs had raised about $130 billion, though Trump claimed higher figures.