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Trump overstepped executive power by imposing tariffs, Supreme Court rules

4 days ago
  • #Trump tariffs
  • #US Supreme Court
  • #economic policy
  • The US Supreme Court ruled that Donald Trump overstepped his authority by imposing steep tariffs on global imports.
  • The 6-3 decision stated that a 1977 law did not justify most of the Trump administration's tariffs.
  • The ruling was a significant blow to Trump's economic agenda and assertions of executive power.
  • Economists warned that the tariffs could raise prices for Americans amid inflation.
  • Tariffs typically require congressional approval, but Trump claimed authority under the International Emergency Economic Powers Act (IEEPA).
  • The US solicitor general argued the tariffs were regulatory, not revenue-raising, but justices remained skeptical.
  • Both liberal and conservative justices questioned the administration's stance, with Chief Justice Roberts emphasizing Congress's tax authority.
  • Trump claimed the ruling would drastically impact the US economy and his 'Make America Great Again' agenda.