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Supreme Court Strikes Down Trump’s Sweeping Global Tariffs
- On Friday, the U.S. Supreme Court ruled 6-3 that the IEEPA does not authorize President Trump to impose tariffs, in cases involving Learning Resources, Inc. and V.O.S. Selections, Inc.
- The legal question was whether the International Emergency Economic Powers Act of 1977, which does not specifically mention tariffs, extends to global import taxes, as Trump invoked it for `reciprocal` tariffs announced on April 2, 2025, prompting lawsuits from a coalition of states and affected small businesses.
- The opinion invoked the major-questions doctrine to reject unilateral tariff power, with Chief Justice John Roberts emphasizing `regulate` and `importation` as insufficient and Justice Neil Gorsuch underscoring Congress's role.
- The decision leaves the refund process and sector-specific duties unresolved, risking more than $175 billion in tariff collections, with companies like Costco seeking refunds.
- Administration officials note other statutory routes remain available, including sections 122, 232, 301 and 338 of the trade statutes, while the U.S. manufacturing sector has faced job losses and the S&P 500 rose 0.1% after the ruling.
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The U.S. Supreme Court ruled against Trump's tariffs. Will companies get their money back?
The U.S. Supreme Court ruled on Friday in a 6-3 decision that President Donald Trump’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were beyond his purview and lacked historical precedent.
·Canada
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Supreme Court Declares Trump's Tariffs Unlawful: A Turning Point in US Trade Policy
Supreme Court Declares Trump's Tariffs Unlawful: A Turning Point in US Trade Policy The US Supreme Court has overturned President Donald Trump's sweeping tariffs, ruling 6-3 that the International Emergency Economic Powers Act (IEEPA) does not authorize such duties. The decision has significant implications for US trade policy and international commerce, as America's partners assess their recent deals with Washington.Wendy Cutler, a senior offic…
·India
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Coverage Details
Total News Sources353
Leaning Left82Leaning Right51Center129Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 31%
C 49%
R 20%
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