Supreme Court Curbs Trump's Tariff Power as US Faces $240B Refunds
The US Supreme Court ruled 6-3 against Donald Trump's broad emergency tariffs, declaring that only Congress has the authority to levy import taxes.Following the decision, Donald Trump criticized Neil Gorsuch and Amy Coney Barrett while signing a temporary 10% global tariff order.The ruling, written by John Roberts, could force the federal government to refund up to $240B to corporations like Apple and Toyota.James David Vance called the decision lawless as officials voided levies previously imposed on nations including
China and
Mexico.