Tariffs
The US President's latest trade tariff moves, imposed on Canada despite court rulings deeming them unlawful, have sparked concerns about the President's disregard for legal authority. The US Supreme Court is set to rule on the case next week, with most experts believing the President'
Tariffs
Lawmakers in the United States Senate and House of Representatives have filed a bipartisan amicus brief to the Supreme Court, arguing that the International Emergency Economic Powers Act (IEEPA) does not authorize tariffs imposed by President Trump. The tariffs, which have raised average costs by $1,800 for the average
Tariffs
The US Supreme Court's recent use of the "major questions doctrine" to thwart several major programs of the Biden administration, including efforts to address climate change, the Covid-19 pandemic and student debt, has put the doctrine under intense scrutiny. The doctrine, which requires Congress to use
Tariffs
Sen. Jack Reed, along with over 200 members of Congress, has filed a brief with the U.S. Supreme Court to challenge President Donald Trump's authority to impose tariffs without permission from Congress. This move comes ahead of a November U.S. Supreme Court hearing on the case
Tariffs
Washington, D.C. lawmakers, led by Senator Ron Wyden, are spearheading a bipartisan effort to file an amicus brief with the Supreme Court, arguing that the Constitution grants Congress, not the president, the sole authority to impose tariffs and regulate commerce with foreign nations. The brief, signed by over 200
Tariffs
The Washington state government, led by Governor Bob Ferguson, has filed an amicus brief with the U.S. Supreme Court to challenge the Trump Administration's illegal tariffs that have been imposed on the state without Congressional approval. The brief asserts that public and private interests in Washington, a
Tariffs
Treasury Secretary Scott Bessent warned on September 7 that the United States may have to send refunds to countries around the world if the Supreme Court rules against President Donald Trump's tariffs. Bessent stated that approximately half of the tariffs would need to be refunded, which would be
Tariffs
The US Supreme Court has agreed to review the legality of President Donald Trump's sweeping tariffs, a decision that could have significant implications for global trade deals. The court will hear arguments in November, following a lower court ruling that found Trump exceeded his authority in imposing the
Tariffs
The United States Court of Appeals for the Federal Circuit (CAFC) has upheld the Court of International Trade's (CIT) ruling that President Donald Trump's "emergency" tariffs exceeded his statutory authority under the International Emergency Economic Powers Act (IEEPA). This decision, issued on August 29,
Tariffs
The Supreme Court has decided to review the constitutionality of President Trump's extensive tariffs imposed on countries without Congressional approval. The decision to review the case came after the government requested the court's intervention, joining the opponents in expedited proceedings. This marks a swift turn of
Tariffs
The Trump Administration's push for tariffs, which has been a cornerstone of President Donald Trump's economic policy, is facing a significant hurdle in the US Supreme Court. The administration has asked the court to expedite a ruling on the legality of tariffs imposed on dozens of
Tariffs
US Treasury Secretary Scott Bessent defended President Trump's tariffs policy, stating that they are not taxes on Americans, despite concerns from major American companies and growing evidence of their negative impact on the economy. In a new interview, Bessent dismissed the concerns of companies like John Deere, Nike,
