The US Supreme Court on Friday struck down President Trump’s tariffs in a 6-3 decision.
Fox News reported:
The Supreme Court on Friday blocked President Donald Trump’s use of an emergency law to unilaterally impose sweeping tariffs on most U.S. trading partners, delivering a blow to the president in a case centered on one of his signature economic policies — one he characterized as “life or death” for the U.S. economy.
In a 6-3 decision, the justices invalidated Trump’s tariffs.
The Supreme Court heard oral arguments in November in the case, which centered on Trump’s use of the International Emergency Economic Powers Act (IEEPA) to enact his “Liberation Day” tariffs on most countries, including a 10% global tariff and a set of higher, so-called “reciprocal” tariffs on certain nations.
BREAKING… please check back for updates.
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