US EditionPublished • loading... • Updated
US to stop collecting tariffs deemed illegal by Supreme Court on Tuesday
The Supreme Court ruled the tariffs unconstitutional under the International Emergency Economic Powers Act, leaving $130 billion collected in limbo and refund timelines uncertain, experts say.
- The US Supreme Court ruled 6-3 that President Trump's use of emergency authority to impose tariffs was illegal, striking down most of his sweeping tariff policies.
- Following the ruling, President Trump announced plans to impose a 15% global tariff using a different law involving Commerce Department investigations.
- US futures fell and Bitcoin dropped below $65,000 amid market uncertainty related to tariffs and potential cryptocurrency regulation.
Insights by Ground AI
Podcasts & Opinions
183 Articles
183 Articles
For Trump, the Supreme decision is "rescue". And leave a note "those who have 'engaged' the U.S. for years, and up to decades," remembering that it does not need Congress to approve new tariffs.
·Portugal
Read Full Article
Le Huffington PostReposted by 
Laminute.info
Laminute.infoThe world's economies have spent a dirty weekend. After seeing its customs duties retaliated by the Supreme Court, Donald Trump has decided to go into force.
·Paris, France
Read Full Article
The rapporteur of the Eurocamera: "Legal bases changed: there are new tariffs other than the previous ones." For the Farnesina Trump's intention after the judgment would be to maintain the framework of the previous duties
·Italy
Read Full ArticleCoverage Details
Total News Sources183
Leaning Left21Leaning Right23Center74Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 18%
C 63%
R 19%
Factuality
To view factuality data please Upgrade to Premium
