Supreme Court Curbs Presidential Tariff Power, Risks Billions in Refunds – Justice Kavanaugh Warns of Economic Shockwaves
The US Supreme Court has delivered a landmark 6-3 ruling that curtails the President’s authority to impose broad import tariffs under the International Emergency Economic Powers Act (IEEPA) of 1977. Chief Justice John Roberts authored the majority opinion, which explicitly states that IEEPA does not empower the executive to levy duties on goods from nearly all major US trading
The US Supreme Court has delivered a landmark 6-3 ruling that curtails the President’s authority to impose broad import tariffs under the International Emergency Economic Powers Act (IEEPA) of 1977. Chief Justice John Roberts authored the majority opinion, which explicitly states that IEEPA does not empower the executive to levy duties on goods from nearly all major US trading
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