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Search results for: "Supreme Court". 202 articles found.
If you think the Supreme Court ruling heralds a return to pre-Trump business as usual - think again.
One expert warned, The only question now becomes a rebate issue, so that could have a negative impact on the economy'...
Supreme Court Trump tariffs ruling could put U.S. on hook for $175 billion in refunds, estimate says
Supreme Court Justice Brett Kavanaugh, in his dissent, warned that "the refund process" for tariffs "is likely to be a 'mess,' " citing oral arguments...
President Donald Trump's tariff agenda took a blow Friday, prompting celebration from Democrats who have opposed his unilateral tariffs.
Senate Minority Leader Chuck Schumer (D-N.Y.) on Friday hailed the Supreme Court's ruling that struck down a significant amount of President Trump's tariffs as a victory for Americans and the U.S. economy. "This is a win for the wallets of every American consumer," Schumer said in a statement. "Trump's chaotic and illegal tariff tax made...
Trump tariffs live updates: Supreme Court strikes down president's plan in major blow to MAGA agenda
In a 6-3 decision, the justices held that Trump's tariffs were not permitted under the International Emergency Economic Powers Act...
Nation Review - 7 hours 24 min agoLast month, President Trump claimed that the only limit on his power on the world stage was his own mind. The Supreme Court believes otherwise.
MAGA followers were furious Friday after the Supreme Court delivered a significant blow to President Donald Trump , ruling that he exceeded his constitutional authority by imposing broad tariffs under emergency powers legislation. The high court's decision struck down Trump's tariffs in a 6-3 vote. On social media like X, MAGA loyalists voiced their anger over the ruling. "Very idiotic move by the Supreme Court. As many good decisions they have made, this was just plain stupid. It'll...
As news was breaking that the Supreme Court dealt a massive blow to Donald Trump's use of tariffs in a surprising 6-3 vote, MS NOW host Anna Cabrerra singled out an important passage Chief Justice John Roberts wrote in the majority opinion. As legal analysts, Lisa Rubin and Catherine Christian scrambled to read the 107-page document , Cabrerra read, "The President asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope. In light of the breadth...
Mother Jones - 7 hours 29 min agoThe Supreme Court ruled Friday that most of President Donald Trump’s world-wide tariffs are illegal, dealing a setback to one of the president’s top priorities. Since his second month in office, Trump has set about to impose drastic, varying, and haphazard tariffs on countries across the globe. Trump purported that most of these tariffs were […]...
The three major indexes all rose shortly after the decision.
With a 6-3 majority, the Supreme Court rules US President Donald Trump exceeded his authority when he imposed tariffs via a law reserved for national emergencies...
Rolling Stone - 7 hours 40 min agoThe conservative-dominated court ruled 6-3 against the cornerstone of the president's economic agenda...
The U.S. government in January ran up a smaller deficit than a year ago, while tariff collections surged.
NPR - 7 hours 42 min agoThe Supreme Court ruled Friday that President Trump overstepped his authority in ordering double-digit tariffs on nearly everything the U.S. imports. Here's some of the economic context to understand that decision.
Shipping containers stacked at a port in Wuhan, China. Tariffs apply to products imported from other countries.
Economists estimated more than $175 billion may need to be refunded.
Car and Driver - 7 hours 43 min agoIn a 6-3 vote, the Supreme Court ruled Friday that the president exceeded his authority by implementing widespread tariffs across industries including autos.
Federal debt was set to reach 120% of GDP by 2036, the CBO projected, but that assumed the tariffs would stay in place.
The ruling opens the door to potentially hundreds of billions of dollars in tariff refunds.
A ruling against President Trump could force his administration to pay back the roughly $200 billion it has collected in duties since the start of the year.
Supreme Court disputed Trump's argument that a 1970s law gave him the power to impose tariffs...
Supreme Court rules Trump lacks authority for many tariffs, delivering a major blow to his trade policy.
The Supreme Court cast aside the bulk of President Trump's sweeping tariffs Friday, obliterating a canon of his economic strategy in ruling that his use of an emergency statute to remake global trade was unlawful. The decision invalidates what the Trump administration called the president's most significant economic and foreign policy initiative of his second term,...
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