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.