Supreme Court strikes down Trump's tariffs
4 days ago
- #Tariffs
- #Trump
- #Supreme Court
- The U.S. Supreme Court ruled President Trump's tariffs policies under IEEPA unconstitutional.
- Chief Justice John Roberts authored the 6-3 majority opinion, with Justices Thomas, Alito, and Kavanaugh dissenting.
- Trump's tariffs initially imposed at least 10% on goods from most countries, with higher rates for countries like China (up to 145%).
- Tariffs on allies like Canada and Mexico were set at 25%, later increased to 35% for Canada.
- American businesses challenged the tariffs, arguing Trump exceeded his authority.
- The Supreme Court, previously receptive to Trump's claims of presidential authority, ruled against him in this case.
- This marks the first major instance where the Supreme Court has denied Trump's policies after full briefing and expedited arguments.