Trump dealt huge tariff blow as Supreme Court rules them illegal — and US may be forced to pay back billions

Source: New York Post

The Supreme Court ruled Friday that President Trump cannot use emergency powers to impose sweeping tariffs on foreign imports — leaving the White House facing the prospect of paying back tens of billions of dollars to importers. In a 6-3 vote, the justices found that the International Emergency Economic Powers Act (IEEPA), which Trump used to apply broad, across-the-board levies — including a 10% baseline rate and an extra 10% tariff on China for its role in shipping fentanyl to the US — does not authorize the imposition of duties.   5 Members of the Supreme Court struck down President Trump’s emergency tariffs.