US EditionTrump’s tariffs to face legal test before U.S. Supreme Court next week
The Supreme Court will assess if Trump's tariffs exceed the International Emergency Economic Powers Act, with tariffs raising U.S. rates by over 13 percentage points, the Tax Foundation said.
- Next week the U.S. Supreme Court will hear arguments testing whether President Donald Trump's use of the International Emergency Economic Powers Act to impose tariffs is lawful, with oral arguments set for November 5.
- The major questions doctrine holds that Congress must use clear language to authorize sweeping executive economic actions, while the 1977 International Emergency Economic Powers Act does not mention tariffs, raising doubts about its scope.
- The Washington-based Tax Foundation says the government has collected more than US$88 billion from tariffs, after lower courts ruled they exceeded IEEPA in a 7-4 decision.
- If the court rules against the administration, both the 'reciprocal' and fentanyl-related duties would be illegal, forcing President Donald Trump to rely on Congress for new tariffs instead of unilateral action.
- The court's prior use of the doctrine means the Supreme Court's commitment to the major questions doctrine is central, though Justice Brett Kavanaugh's concurrence and Judge Richard G. Taranto's dissent, supported by Curtis A. Bradley and Jack Goldsmith last month, contest its application here.
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34 Articles
Experts Warn, Trump’s Tariffs Could Explode Trade Deficit
A coalition of top economists has filed a legal brief with the U.S. Supreme Court arguing that President Donald Trump’s sweeping tariff strategy will worsen — not reduce — the U.S. trade deficit, directly undermining the emergency justification behind the tariffs. The brief, filed as part of an ongoing legal battle over Trump’s authority to impose near-universal tariffs, claims that the president’s economic rationale lacks foundation. Trump has …
Pacific Daily News
Economists say Trump's tariff play could boost trade deficits
(The Center Square) – Economists told the U.S. Supreme Court that President Donald Trump's plan to reduce U.S. trade deficits will backfire, exacerbating the underlying issue the president used to justify the sweeping tariffs.
Trump’s Tariffs Could Hit U.S. Oil and Gas With $50 Billion in Project Delays
The tariff offensive that President Trump is leading against trade partners across the world will deal a blow to the oil and gas industry next year, according to a report by Deloitte. The consultancy, as quoted by Reuters, noted that the oil and gas industry relies on international supply chains that stand to be affected by tariffs, leading to cost increases of between 4% and 40% for various materials and components such as steel and piping. The…
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