The US Supreme Court is on track to release more rulings in coming weeks, including a potentially landmark decision on Donald Trump's tariffs. The contentious issue has pitted the president against some small businesses and US states, which argue he exceeded his authority when imposing sweeping levies last year.
Two lower courts have already found that Trump did not have the authority to impose global tariffs, which were brought in using emergency powers allowing him to bypass Congress. If the Supreme Court rules in favor of the challenge, it could throw out the tariffs – a cornerstone of Trump's economic agenda – and force the president to send refunds to US importers who paid them.
In a 15 January interview with the New York Times, the US trade representative, Jamieson Greer, said the administration would start replacing the tariffs with other levies if the ruling went against Trump. "The reality is the president is going to have tariffs as part of his trade policy going forward," Greer said.
Trump has been a vocal advocate for the tariffs, which were imposed on some of America's largest trading partners last year, upending decades of US trade policy. He has warned that striking down the tariffs would be "a complete mess" and difficult to reverse due to potential refunds from businesses and countries affected by the levies.
However, if the Supreme Court rules in favor of Trump's authority under the International Emergency Economic Powers Act (IEEPA), the White House may need to find alternative ways to bring in import taxes. The court's conservative-dominated lineup has raised concerns about its willingness to challenge Trump's trade policies.
The stakes are high for Trump and his economic agenda, which has been a defining feature of his presidency. A Supreme Court ruling on tariffs could have significant implications for the US economy and global trade relations.
Two lower courts have already found that Trump did not have the authority to impose global tariffs, which were brought in using emergency powers allowing him to bypass Congress. If the Supreme Court rules in favor of the challenge, it could throw out the tariffs – a cornerstone of Trump's economic agenda – and force the president to send refunds to US importers who paid them.
In a 15 January interview with the New York Times, the US trade representative, Jamieson Greer, said the administration would start replacing the tariffs with other levies if the ruling went against Trump. "The reality is the president is going to have tariffs as part of his trade policy going forward," Greer said.
Trump has been a vocal advocate for the tariffs, which were imposed on some of America's largest trading partners last year, upending decades of US trade policy. He has warned that striking down the tariffs would be "a complete mess" and difficult to reverse due to potential refunds from businesses and countries affected by the levies.
However, if the Supreme Court rules in favor of Trump's authority under the International Emergency Economic Powers Act (IEEPA), the White House may need to find alternative ways to bring in import taxes. The court's conservative-dominated lineup has raised concerns about its willingness to challenge Trump's trade policies.
The stakes are high for Trump and his economic agenda, which has been a defining feature of his presidency. A Supreme Court ruling on tariffs could have significant implications for the US economy and global trade relations.