The Supreme Court on Friday, 20 February, struck down President Donald Trump’s sweeping global tariffs, delivering a significant setback on a matter vital to his economic agenda, AP reported. The conservative-majority high court ruled six-three in the judgment, noting that the International Emergency Economic Powers Act “does not authorize the President to impose tariffs.” The…
The US Supreme Court on Friday (February 20) struck down President Donald Trump’s sweeping global tariffs, ruling that his use of emergency powers to impose broad import taxes was illegal. The decision, handed down in a 6-3 vote, leaves the White House facing the prospect of refunding tens of billions of dollars to importers. Over…
The US Supreme Court struck down the sweeping tariffs imposed by Donald Trump that he pursued under a law intended for use during national emergencies, delivering a significant legal setback to the Republican leader, reuters reported. In a landmark opinion issued on Friday, the justices, in a 6-3 ruling authored by conservative Chief Justice John…
Treasury Secretary Scott Bessent said on Sunday (January 18) that it is “very unlikely” the Supreme Court will overturn President Donald Trump’s use of emergency powers to impose tariffs on several countries. A potential ruling is expected as soon as this week. “I believe that it is very unlikely that the Supreme Court will overrule…
The US Supreme Court will not issue a ruling on Friday (January 9), in a high-profile case challenging the legality of President Donald Trump’s sweeping global tariffs. The case, which tests the limits of presidential authority under the International Emergency Economic Powers Act, had drawn close attention from businesses, investors, and international trading partners. Trump…
President Donald Trump credited recent record highs in US stock markets to his tariff policies, describing them as a key pillar of economic strength and national security. In a post on Truth Social, he urged supporters to “pray” that the United States Supreme Court upholds his authority to maintain the tariffs. Why Trump is appealing…
