Supreme Court to weigh Trump tariff powers in blockbuster case
The Supreme Court will weigh the legality of President Donald Trump’s use of an emergency law to unilaterally impose sweeping tariffs on most U.S. trading partners on Wednesday — a...
By Fox News · Fox News
The Supreme Court will weigh the legality of President Donald Trump ’s use of an emergency law to unilaterally impose sweeping tariffs on most U.S. trading partners on Wednesday — a blockbuster case, and one that experts say stretches far beyond matters of economic policy. At issue before the court is whether the president can use the International Emergency Economic Powers Act (IEEPA) to impose two sweeping sets of tariffs on most countries, including a 10% global tariff Trump announced in April and the higher so-called reciprocal tariffs imposed on nearly 50 countries. Trump said at the time that trade deficits amounted to "the precipice of an economic and national-security crisis" sufficient to trigger his powers under IEEPA. The two consolidated cases, Learning Resources, Inc. v. Trump and Trump v. V.O.S. Selections, mark the first time during Trump's second term that the Supreme Court will review his policies fully on its merits, rather than through the so-called shadow docket, where justices have often sided with the administration in granting temporary stays and other emergency actions. Unlike other cases, this one also centers on an issue Trump considers to be the signature economic policy of his second term. TRUMP TARIFF PLAN FACES UNCERTAIN FUTURE AS COURT BATTLES INTENSIFY "Tomorrow’s United States Supreme Court case is, literally, LIFE OR DEATH for our country," Trump said in a post on social media Tuesday night, adding that, without it, the U.S. is "virtually defenseless against other countries who have, for years, taken advantage of us." Lawyers for the Trump administration have argued in lower courts that the IEEPA allows a president to act in response to "unusual and extraordinary threats" and in cases where a national emergency has been declared. Trump has claimed that deep and "sustained" trade deficits amount to a national emergency that allows him to invoke IEEPA. Plaintiffs counter that in the 50 years since its passage, the law has never been…