US EditionSupreme Court weighing Trump tariffs in a trillion-dollar test of executive power
- On Wednesday, November 5 the U.S. Supreme Court will hear oral arguments in Learning Resources, Inc. v. Trump, challenging President Donald Trump's use of the Emergency Powers Act of 1977 to impose tariffs, a case with potential to set significant legal precedent.
- Invoking IEEPA, the administration pursued tariffs without congressional approval, and President Donald Trump declared April 2 `Liberation Day` enacting broad import duties from Canada to China.
- A brief signed by over 10 American economists argues trade deficits are not 'unusual and extraordinary' and warns tariffs will have a 'massive impact' across the U.S.
- Three lower courts have ruled against the emergency-tariff actions, and Trump officials say they would reimpose tariffs if the Supreme Court overturns them; the Supreme Court expedited schedule suggests a swift ruling.
- The 'major questions' doctrine, central to the case, may limit or expand future presidential emergency authority, with challengers citing writings by Justices Amy Coney Barrett, Neil Gorsuch and Brett Kavanaugh, and the Supreme Court composition influencing the decision.
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The judges, before whom the legality of the tariffs imposed by the US president was contested, were critical of the Advocate General, who defended the prerogatives of the executive.
ANALYSIS | In U.S. Supreme Court, Trump administration struggles to make its case for tariffs
With U.S. President Donald Trump choosing not to attend Wednesday's Supreme Court oral arguments on his tariff regime — saying somewhat uncharacteristically: "It's not about me" — it looked like the most famous person watching the proceedings would be his Treasury Secretary Scott Bessent.
Trump Battles Tiny Toymaker Over Tariffs in Landmark Supreme Court Case – Bloomberg/Yahoo
The suit is now before the Supreme Court in one of the most economically important clashes in the country's history. In arguments Wednesday, the court will consider striking down most of the tariffs Trump has imposed since taking office, potentially affecting trillions of dollars in trade.
WASHINGTON.- The U.S. Supreme Court held Wednesday the first session on the legality of some of Donald Trump's tariffs leading to the global trade war he launched since his return to the White House.The high court members, with a conservative majority, have in their hands the future of the Republican tycoon's trade agenda and the millions of dollars he plans to raise for the public coffers.The nine magistrates rule if the president's emergency p…
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