Supreme Court's ruling to overturn Trump tariffs seen as boon for New York businesses and consumers alike | amNewYork

"In a 6-3 decision, the court ruled that Trump acted unconstitutionally in imposing tariffs on nations around the world last year without seeking or receiving Congressional approval. The president had argued that he had the authority to impose tariffs under the International Emergency Economic Powers Act of 1977, a claim New York and 11 other states contested in court last year. Writing for the majority, Chief Justice John Roberts said the president lacked a clear congressional authorization to justify his extraordinary assertion of the power to impose tariffs. The IEEPA did not include such authorization, Roberts declared."

"These illegal tariffs caused immense economic chaos, raising costs for families and businesses throughout our country, said New York Attorney General Letitia James on Friday. The case was one of many legal challenges her office has made against Trump administration policies since last year, even as Trump's Justice Department sought to prosecute her in apparent retaliation and failed. The Supreme Court has agreed that this administration has no authority to impose massive new taxes on a whim, James added. This is a critical victory for the rule of law and our economy, and I will keep fighting to protect New Yorkers from destructive policies that make life less affordable."

"President Trump was said to have called Friday's Supreme Court ruling overturning his tariffs a disgrace in a meeting with governors, NBC News reported. During his first term, Trump appointed two of the six justices in Friday's majority ruling: Amy Coney-Barrett and Neil Gorsuch."

The Supreme Court held 6-3 that President Trump acted unconstitutionally by imposing worldwide tariffs last year without Congressional approval, rejecting reliance on the International Emergency Economic Powers Act of 1977. Chief Justice John Roberts wrote that no clear congressional authorization supported the extraordinary assertion of tariff power under IEEPA. New York Attorney General Letitia James said the tariffs caused immense economic chaos and raised costs for families and businesses, calling the ruling a victory for the rule of law and the economy. The decision requires the federal government to find a way to refund the tariffs and limits executive authority to impose new taxes unilaterally.

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