Tue, 09 Sep 2025
It will amount to the biggest test of Trump's presidential authority and his signature economic policy.
* The Supreme Court has agreed to review lower court decisions that found the Trump administration's global tariffs were unlawful.
* The court will hear arguments in November on whether the president had the legal authority to enact the tariffs using an emergency economic powers act.
* A federal appeals court previously ruled that Trump exceeded his authority and that Congress, not the president, has the power to impose taxes and tariffs.
* If the Supreme Court sides with lower courts, billions of dollars in tariffs collected by import taxes may have to be refunded to countries affected by the levies.
* The case will be a test of President Trump's presidential authority and his signature economic policy.
* The US administration can still impose tariffs under other laws, but those would be limited in scope.
>>
Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025