BREAKING NEWS: Supreme Court Slams the Brakes on Sweeping Tariffs
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BREAKING NEWS: Supreme Court Slams the Brakes on Sweeping Tariffs
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In a landmark decision, the Supreme Court struck down President Trump’s broad use of emergency powers to impose global tariffs, ruling 6–3 that the International Emergency Economic Powers Act does not authorize such sweeping trade measures. The ruling invalidates many of the tariffs enacted under the 1977 law, significantly curbing presidential authority in trade policy and reshaping the landscape of U.S. economic strategy. The decision leaves open questions about potential refunds for importers who paid billions under the now‑voided tariffs.
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