The legality of numerous tariffs introduced during President Donald Trump’s administration may soon face a definitive ruling from the U.S. Supreme Court. A federal appeals court has ordered Trump to appeal by October 14 its decision that he exceeded his authority under the International Emergency Economic Powers Act when imposing these import levies. If the Supreme Court upholds this judgment, it could invalidate a significant portion of the tariffs, potentially reducing the share of U.S. imports affected from nearly 70% to around 16%, according to estimates by the Tax Foundation. n nThis legal development adds complexity to economic policymaking, as uncertainty over trade regulations continues to affect business planning and consumer prices. The constitutional question at stake—whether the executive branch can unilaterally impose broad-based import taxes—touches on Congress’s exclusive power to levy taxes and control government spending. A ruling against the administration could prompt a major recalibration of trade policy and its economic impact. n
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Tariff Chaos Reigns and America’s Economy Suffers
Could most of the tariffs with which President Donald Trump has shocked the world actually be illegal? Sometime in the coming months, the Supreme Court might provide an answer. Meanwhile, the task of managing the US economy will become all the more difficult. n nThe US Court of Appeals for the Federal District has given Trump until Oct. 14 to appeal its ruling that he overstepped his authority in imposing tariffs under the International Emergency Economics Powers Act. If the Supreme Court concurs — Congress, after all, has the sole constitutional power to tax and spend — the proportion of US imports subject to the levies could drop to about 16% from nearly 70%, according to the Tax Foundation.