US EditionThe Most Important Supreme Court Case of Year So Far
The Supreme Court examined whether the International Emergency Economic Powers Act permits tariffs during a national emergency, with skepticism from multiple justices noted by trade experts.
- On Wednesday, the Supreme Court of the United States heard oral arguments over President Donald Trump’s use of the 1977 International Emergency Economic Powers Act to impose tariffs, with justices spending over two and a half hours on presidential power and constitutional limits.
- The challenge stems from the statute’s wording in the 1977 International Emergency Economic Powers Act, with a dozen states and seven small businesses claiming the tariffs cause harm, and Gutman saying Congress excluded tariffs as taxes.
- U.S. Solicitor General D. John Sauer argued Congress granted broad authority under IEEPA for regulatory tariffs, citing Nixon-era precedent, while Kagan questioned the absence of revenue language, saying, `If you look at the flip side of this and you look at all the tariff statutes that Congress has passed, I mean, they use language about revenue-raising, tariffs and duties and taxes, all the language that does not appear in the statute you rely on.`
- If the court rejects the IEEPA theory, about $90 billion in collected revenue is in question, risking billions in tariff refunds to U.S. importers under the fast-track schedule with a potential ruling by year’s end.
- Several justices suggested constitutional limits on executive tariff powers, with shares of General Motors and Ford rising 2.8% and 2.5% on Wednesday as Chief Justice John G. Roberts said, `You have a claimed source in IEEPA that had never before been used to justify tariffs`.
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The Most Important Supreme Court Case of Year So Far
The Supreme Court on November 5, 2025 (Photo by Chen Mengtong/China News Service/VCG via Getty Images.)American patriots began their rebellion against the British Crown in part because Parliament, in faraway London, forced them to pay taxes on imported goods without their consent.Their slogan, “no taxation without representation,” evolved into a foundational principle of the United States. The idea that government cannot extract revenue from the…
Supreme Court Questions White House Rationale for Tariff Regime
Sometimes, the nine justices on the highest court in the land hold their cards close to their robes. On Thursday, as the Supreme Court of the United States heard oral arguments in a blockbuster case challenging President Donald Trump’s wide-ranging global tariffs, they laid a hand of healthy skepticism right out on the table. Justices expressed doubt that a national emergency law can be interpreted as giving the executive branch the power to imp…
Trump’s Tariff Powers Face Supreme Court Challenge, Raising Fears of Trade Turmoil
The U.S. Supreme Court’s skeptical questioning of former President Donald Trump’s global tariffs has fueled speculation that his trade measures may be struck down, potentially upending the already fragile trade landscape. The case centers on Trump’s use of the 1977 International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs on imports. The law grants […] The post Trump’s Tariff Powers Face Supreme Court Challenge, Raising Fear…
U.S. Revises Trump Tariff Terms as Supreme Court Challenges China trade Deal
The United States shared they had made some changes to the Trump Tariff. The move comes amid the U.S. Supreme Court raises questions about the China trade deal. U.S Makes Positive Changes to Trade Agreement In a White House release, the U.S shared a number of changes to the Trump Tariff structure. The biggest change The post U.S. Revises Trump Tariff Terms as Supreme Court Challenges China trade Deal appeared first on CoinGape.
SC to block Trump tariffs? Justices grill Trump lawyers, 'Which powers are you speaking of there?’
The US Supreme Court heard arguments in one of the most significant economic and presidential power cases of the Trump era. At issue is whether US President Donald Trump had the legal authority to impose sweeping global tariffs under the 1977 International Emergency Economic Powers Act (IEEPA). The Trump administration’s lawyer defended the tariffs as necessary emergency measures, while challengers argued the president overstepped his authority.
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