The Entire Trump Tariff Scheme Just Suffered a Supreme Collapse. Refunds, Anybody?
Briefly

The Entire Trump Tariff Scheme Just Suffered a Supreme Collapse. Refunds, Anybody?
"Trump's administration had leaned entirely on this piece of legislation from the 1970s-never before employed to justify tariffs-as precedent for why he could issue or threaten to issue sweeping tariffs for vindictive reasons against longtime U.S. allies, thanks to the powers it confers the President to "regulate" commerce during times of national emergency. The Supreme Court Justices effectively declared that Trump has been abusing these "emergency" powers, a massively influential decision that will shake the foundations of Trump's entire economic plan for his second term."
""The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope," wrote Roberts in the decision. "In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it. When Congress grants the power to impose tariffs, it does so clearly and with careful constraints. It did neither here.""
The U.S. Supreme Court struck down the President's unilateral authority to impose tariffs under the International Emergency Economic Powers Act. The administration had relied on a 1970s statute never before used to justify tariffs, claiming emergency authority to regulate commerce. The Court held that such sweeping tariff power requires clear congressional authorization and that Congress did not grant it here. The ruling was 6–3, with Chief Justice John Roberts, Justices Amy Coney Barrett, and Neil Gorsuch joining the liberal justices. The decision undermines plans for broad tariff use, may invalidate trade measures, and has prompted corporations to seek refunds; the President called the outcome a "disgrace."
Read at Jezebel
Unable to calculate read time
[
|
]