"Weeks after his inauguration in January 2025, Trump imposed tariffs against foes and allies using the International Emergency Economic Powers Act (IEEPA), unleashing a trade war that rattled global trade. list of 3 itemsend of list But on Friday, in a 6-3 decision, the top court agreed that Trump exceeded his authority by invoking the 1977 law, which was designed to allow US presidents to respond to specific national emergencies."
"The court said tariffs are a form of taxation, and under Article I of the Constitution, the power to tax belongs exclusively to Congress. The court's ruling, however, does not apply to Trump's tariffs on steel, aluminium, lumber and automotives since these were imposed under a different law Section 232 of the Trade Expansion Act of 1962. Following the verdict, a furious Trump called the Supreme Court judges fools and lapdogs who are very unpatriotic and disloyal to our Constitution."
"He immediately signed an executive order under Section 122 of the US Trade Act of 1974 to impose a blanket 10 percent tariff on all countries the US trades with, starting on February 24. On Saturday, he raised the tariff to 15 percent, the highest rate allowed under this trade law. So, what is this new trade law that Trump has used to impose tariffs?"
The US Supreme Court ruled 6-3 that Donald Trump exceeded authority by using the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs, finding tariffs are taxation and taxing power belongs to Congress under Article I. The ruling does not affect tariffs imposed under Section 232 of the Trade Expansion Act of 1962 on steel, aluminium, lumber and automotives. Trump responded by calling the justices "fools and lapdogs" and issuing an executive order under Section 122 of the Trade Act of 1974 to impose blanket tariffs, later raising them to 15 percent. Section 122 permits up to 15 percent tariffs to address serious balance-of-payments deficits and limits their use to 150 days unless Congress extends them, creating renewed uncertainty for existing US trade deals.
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