Supreme Court Strips Trump's Power to Impose Broad Global Tariffs

#WashingtonDC, #USA
The USA Supreme Court ruled 6-3 that Donald Trump lacks the constitutional authority to unilaterally impose broad global tariffs.The decision in "Learning Resources Inc versus Donald Trump" mandates that taxation power rests with Congress, potentially requiring refunds up to $1.5T.While sector-specific duties on steel and aluminum remain, Donald Trump vowed to pursue alternative legal strategies following the major legal setback.International officials including Dominic LeBlanc and Fernando Haddad welcomed the ruling while the EU monitors the impact on trade stability.
Tags
#Mexico#China#Sweden#Brazil#Canada#DonaldTrump#SupremeCourt#JohnRoberts#LearningResourcesInc#DominicLeBlanc#Congress#FernandoHaddad#EU#OlofGill
Read more
Newsmax Breitbart News Wired CNBC The Guardian Las Vegas Review Intelligencer CBC HuffPost Time World News Semafor Rolling Stone The Dispatch The Times Business Insider NPR AP Euronews Washington Post Daily Mail LA Times BoF MS NOW New York Post ABC News (au) Mercury News Folha Nyheter24 DI Clarin EFN SVT DN Le Monde La Stampa Omni Aftonbladet El Tiempo Expressen FAZ
Discuss

#DonaldTrump