News
The U.S. Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA) by President Donald Trump.
By Brad Randall, Broadband Communities
Tariffs imposed by U.S. President Donald Trump using the International Emergency Economic Powers Act (IEEPA) have been struck down following a new 6-3 ruling from the U.S. Supreme Court.
In their ruling, justices determined that the act, passed in 1977, does not authorize the president to impose tariffs.
According to BBC News, the act had been used to tariff imports from Canada, China, and Mexico.
He also used the act to implement tariffs hyped as “Liberation Day” last April.
Some anti-tariff groups, like one called We Pay the Tariffs, have already begun demanding refunds in the wake of the court’s ruling today, BBC reports.
Trump’s tariffs under the IEEPA had been in the crosshairs for months now.
The tariffs had faced serious challenges in court, with setbacks being dealt as early as last May.
Trump called the ruling a “disgrace” and reacted to the ruling by announcing a new 10% global tariff on Friday, CNN reported.
