UP

Supreme Court strikes down most of Trump's tariffs

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Supreme Court strikes down most of Trump's tariffs

The U.S. Supreme Court ruled that President Donald Trump exceeded his authority by imposing sweeping tariffs under the International Emergency Economic Powers Act (IEEPA), invalidating country-specific and fentanyl-related levies.

Axar.az, citing CBS, reports that Chief Justice John Roberts wrote, “We hold that IEEPA does not authorize the president to impose tariffs,” emphasizing that Congress never granted the president this power.

The 6‑3 ruling does not affect all tariffs, leaving those imposed under other laws, such as steel and aluminum duties, intact.

Businesses challenged the tariffs as arbitrary and harmful, with Victor Schwartz of VOS Selections saying, “Thankfully, courts at every level recognized these duties for what they were: unconstitutional government overreach.” The decision could allow importers to seek refunds, though the court did not clarify the process.

Lower courts had already ruled against Trump, marking the ruling as the most significant Supreme Court setback for his second-term economic agenda.

Date
2026.02.20 / 21:36
Author
Axar.az
See also

US, Iran set to sign framework agreement online

Zelensky says Putin faces growing unrest in Russia - Photo

Iran says final decision on US framework deal not yet made

Zelensky: War returning to where it came from

Russia increases arms production despite economic strain

Dar and Fidan discuss regional stability and US–Iran talks

Qatari mediators head to Tehran as Iran–US deal nears

UK seizes Russian shadow fleet tanker in English Channel

Fighter jet crashes in Washington after pilot ejects

Russian army losses updated on 1,572nd day of war

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla