Trump says worldwide tariffs aren't taxes on U.S. consumers
The Supreme Court examines if the 1977 law grants Trump broad emergency tariff powers amid disputes over who bears tariff costs, with U.S. consumers expected to pay $1,300 in 2026.
- The U.S. Supreme Court is weighing whether President Donald Trump lawfully used the 1977 International Emergency Economic Powers Act to impose tariffs, with oral arguments in November 2025 and the case on an expedited track but no ruling yet.
- A group of small businesses and some states challenged two emergency declarations under the 1977 law, noting it never mentions tariffs and has never been used for them, despite Trump declaring two emergencies on fentanyl and trade imbalances.
- The Tax Foundation estimates $1,300 extra costs for U.S. consumers in 2026, with studies from the Kiel Institute and CBO showing varying tariff incidence shares, including 5%.
- As companies await the Supreme Court decision, Trump wrote `I have successfully wielded the tariff tool to secure colossal Investments in America` and claimed `The data shows that the burden...of the tariffs has fallen overwhelmingly on foreign producers and middlemen`.
- Critics note the $18 trillion investment claim is `totally false`, with the number compared to China's GDP, and analysts warn the debate over incidence will continue due to conflicting reports.
25 Articles
25 Articles
Trump says worldwide tariffs aren’t taxes on U.S. consumers
(The Center Square) – President Donald Trump continues to defend his use of tariffs worldwide as businesses await a U.S. Supreme Court ruling on the president’s tariff authority. Trump has been urging the high court to rule in his favor, allowing him to continue imposing tariffs at will under the 1977 International Emergency Economic Powers Act. Trump has declared two emergencies under the 1977 law, one on fentanyl and the other on trade imbalan…
Supreme Court weighs presidential tariff authority as Trump defends trade policy
WASHINGTON, D.C. – President Donald Trump continues to defend his use of tariffs worldwide as businesses await a U.S. Supreme Court ruling on the president’s tariff authority. Trump has been urging the high court to rule in his favor, allowing him to continue imposing tariffs at will under the 1977 International Emergency Economic Powers Act. Trump has declared two emergencies under the 1977 law, one on fentanyl and the other on trade imbalances…
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