US Supreme Court rules against Trump’s sweeping tariffs
US appeal court denies Trump bid to delay tariff refund lawsuits
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In a 6-3 decision, the US Supreme Court rejected former President Trump's tariffs, affirming a lower court ruling. The decision, delivered on Friday, strikes down Trump's use of a "national emergency" under the International Emergency Economic Powers Act (IEEPA) to justify the tariffs. The court stated that the IEEPA does not authorize the president to impose tariffs. This ruling paves the way for refunds exceeding $100 billion to trade partners who paid the tariffs. The IEEPA, enacted in 1977, allows presidents to enact economic measures during national emergencies involving unusual threats. Justices Thomas, Alito, and Kavanaugh dissented from the majority opinion.
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AI-ExtractedIEEPA does not authorize the President to impose tariffs.
The court held that Trump’s use of a “national emergency” under the IEEPA was not justified.
The 6-3 decision was made in the nine-justice conservative majority of the Supreme Court.
The decision paves the way for massive refunds of well over US$100 billion already paid by trade partners.
US Supreme Court upheld a lower-court ruling, striking down US President Donald Trump’s tariffs.
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