Supreme Court strikes down Trump's tariffs

"The Supreme Court said President Trump's tariffs policies under IEEPA are unconstitutional, dealing a major blow to the president's signature economic policy. Chief Justice John Roberts wrote the 6-3 opinion. Justices Clarence Thomas, Samuel Alito and Brett Kavanaugh dissented. At issue in the case were the implementation of Trump's campaign pledge to impose massive tariffs on foreign imports. After his inauguration, Trump issued an executive order that initially imposed a tariff of at least 10% on goods from most countries doing business with the United States."

"Goods from countries like China have been hit with much higher tariffs up to 145%, though they have since come down. Imports from allies like Canada and Mexico have been taxed at 25%; Canada's rate was later increased to 35%. But the up and down, fluctuating tariffs around the world spooked American businesses, prompting a court challenge, contending that the president had exceeded his authority in imposing the tariffs."

The Supreme Court held that President Trump's tariffs policies under IEEPA are unconstitutional, issuing a 6-3 decision with Chief Justice John Roberts writing the opinion and Justices Thomas, Alito and Kavanaugh dissenting. The measures enacted a campaign pledge to impose large tariffs, beginning with an executive order that set at least a 10% tariff on goods from many countries. Some goods, especially from China, faced much higher rates reported up to 145%, and allies such as Canada and Mexico were taxed at 25% or higher. The fluctuating tariff regime unsettled American businesses and prompted legal challenges alleging executive overreach; the Court ordered full briefing and expedited argument before deciding.

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