Paul Ryan: Supreme Court Likely to Restrict Trump’s Emergency Tariff Authority
UNITED STATES, AUG 6 – The U.S. Court of Appeals reviews whether Trump's tariff authority under a 50-year-old law extends to broad import taxes amid challenges from businesses and states.
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5 Articles
Paul Ryan: Supreme Court likely to restrict Trump’s emergency tariff authority
Former House Speaker Paul Ryan (R-Wis.) is predicting further disruptions to President Trump’s wide-ranging tariff regime, with consequences for financial markets. He said Wednesday that Trump’s emergency tariff authority, which is the legal basis for Trump’s country-specific “reciprocal” tariffs that are set to go into effect Thursday, is likely to be struck down by the Supreme Court. An appeals court is reviewing that authority, which Trump in…
Federal judges question Trump’s discovery of vast tariff powers
Nearly half a century ago, according to the Trump administration, Congress enacted a law that gave the president sweeping authority to completely rewrite US tariff schedules. But for some reason, no president took advantage of that power until last February.
Federal Circuit Judges Question Trump’s Discovery of Vast Tariff Powers
The president is claiming “unbounded authority” to impose import taxes based on a law that does not mention them. by Jacob Sullum Reason.com Half a century ago, according to the Trump administration, Congress enacted a law that gave the president sweeping authority to completely rewrite U.S. tariff schedules. But for some reason, no president took advantage of that power until last February. That story received a skeptical reception last week at…
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