đšđșđžSUPREME COURT
#QUESTIONS TRUMPâS TARIFF POWERS, TRADE UNCERTAINTY LOOMS
đčThe U.S. Supreme Court cast doubt on President Donald Trumpâs authority to impose global tariffs under the 1977 International Emergency Economic Powers Act (IEEPA), raising chances of the tariffs being struck down.
đčAnalysts warn this could trigger renewed trade instability, complex refund battles over $100 billion in duties, and potential shifts to alternative trade laws.
A ruling is expected in early 2026.
Source: Reuters