SCOTUS

organization

Last mentioned: 1d ago

Timeline

  1. New Global Tariff

    Administration signs document imposing a 10% global levy to replace invalidated duties.

  2. Executive Reaction

    President Trump lashes out at the court and signals a new global trade strategy.

  3. SCOTUS Ruling

    Supreme Court strikes down IEEPA-based tariffs as an overreach of executive power.

Stories mentioning SCOTUS 1

market-trends Neutral

SCOTUS Strikes Down IEEPA Tariffs: Retailers Face New 10% Global Levy

The U.S. Supreme Court has invalidated the Trump administration's use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs. In an immediate response to the judicial setback, the administration has signed a new 10% global tariff, signaling a volatile period for e-commerce supply chains.

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