Tariff authority decision still awaited from Supreme Court

Tariff authority decision still awaited from Supreme Court

Spread the love

Tariff authority by second-term Republican President Donald Trump was not decided by the U.S. Supreme Court on Friday, meaning the federal government can continue to collect the revenue for now.

Businesses around the world had braced for a possible decision, but the high court released an unrelated opinion. The opinion could come nearly any time before the end of June.

Trump has made tariffs a central part of both his domestic and foreign agendas during his second term. Last April, Trump imposed import taxes of at least 10% on every U.S. trading partner. Since then, the president has suspended, changed, increased, decreased and reimposed tariffs under the 1977 International Emergency Economic Powers Act.

A group of states and small businesses challenged Trump’s tariffs under the 1977 law, winning in two lower courts before the administration appealed to the Supreme Court.

The high court agreed to hear the case on an expedited basis, given the economic stakes at issue. The Trump administration could be forced to refund more than $133.5 billion in tariffs to importers if the Supreme Court sides with the states and small businesses in the case.

Trump has called the case one of the most important of all time and said that an unfavorable ruling could result in economic ruin for America.

Businesses have reported that tariffs have pushed up prices for consumers.

Leave a Comment





Latest News Stories

Lawsuit links CA teen's suicide to artificial intelligence

Lawsuit links CA teen’s suicide to artificial intelligence

By Esther WickhamThe Center Square The parents of a California teenager who committed suicide sued OpenAI, alleging that ChatGPT taught him how to harm himself, according to a lawsuit the...
fall-festival-b2adf834-992f-4ebd-ac09-edfc1d11b40a-circle

Your Ultimate Guide to the 2025 Frankfort Fall Fest: Everything to Know for the Nationally-Ranked Event

FRANKFORT, IL – The heart of historic downtown Frankfort is set to transform into a vibrant hub of art, music, and community spirit for the 57th annual Frankfort Fall Festival. Running...
HHS, Department of Education announce nutrition reforms

HHS, Department of Education announce nutrition reforms

By Esther WickhamThe Center Square The U.S. Department of Health and Human Services, along with the U.S. Department of Education, announced this week an initiative urging medical education organizations to...
White House appoints interim CDC director; standoff continues with former director

White House appoints interim CDC director; standoff continues with former director

By Morgan SweeneyThe Center Square The White House has appointed Department of Health and Human Services Deputy Secretary Jim O’Neill as interim director for the Centers for Disease Control and...
WATCH: Pritzker claims Trump plans election interference with troop deployment

WATCH: Pritzker claims Trump plans election interference with troop deployment

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says President Donald Trump only wants troops on the ground to interfere in...
Plaintiffs take Cook County gun ban challenge to SCOTUS

Plaintiffs take Cook County gun ban challenge to SCOTUS

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Plaintiffs challenging Cook County’s ban on semi-automatic firearms are asking the U.S. Supreme Court to take the...
Illinois quick hits: $1.57B return on investments; solar-powered manufacturer cuts ribbon

Illinois quick hits: $1.57B return on investments; solar-powered manufacturer cuts ribbon

By Jim Talamonti | The Center SquareThe Center Square $1.57B return on investments Illinois Treasurer Michael Frerichs says his office made a record $1.57 billion in investment earnings from the...
Report: Illinois U.S. Rep faces minimal penalty after disclosure violations

Report: Illinois U.S. Rep faces minimal penalty after disclosure violations

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to a new report, Illinois U.S. Rep. Jonathan Jackson has violated federal law by making late...
18 were injured, 2 killed in Minneapolis shooting

18 were injured, 2 killed in Minneapolis shooting

By Jon StyfThe Center Square A total of 18 victims were injured and two were killed in a Wednesday shooting at a Catholic school in Minneapolis, a total reached after...
Trump HHS tells states to remove gender ideology from sex ed or lose PREP funding

Trump HHS tells states to remove gender ideology from sex ed or lose PREP funding

By Tate MillerThe Center Square The Trump administration directed 46 states and territories to remove gender ideology from their sex ed materials or else face possible termination of federal Personal...
Americans could face 'sticker shock' as once-small tax exemption ends

Americans could face ‘sticker shock’ as once-small tax exemption ends

By Brett RowlandThe Center Square Americans could be in for a surprise when a nearly century-old trade rule that allowed shoppers to avoid President Donald Trump's tariffs expires on Friday....
'Pro-taxpayer' law requires operators to clean up abandoned Illinois oil wells

‘Pro-taxpayer’ law requires operators to clean up abandoned Illinois oil wells

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A state lawmaker says recently-signed legislation will ensure that Illinois taxpayers don’t foot the bill for cleaning...
Black-only medical directory must open to all races after lawsuit

Black-only medical directory must open to all races after lawsuit

By Tate MillerThe Center Square After a lawsuit from medical group Do No Harm, a Philadelphia-based directory of Black physicians is now open to all races. The directory entitled “Black...
Embattled Fed governor sues Trump over 'illegal' firing

Embattled Fed governor sues Trump over ‘illegal’ firing

By Brett RowlandThe Center Square A Federal Reserve governor accused of mortgage fraud filed a lawsuit Thursday alleging her firing was "unprecedented and illegal." Trump fired Federal Reserve Governor Lisa...
Watch: Cook County gun ban plaintiffs petition SCOTUS; Pritzker hasn’t heard from White House

Watch: Cook County gun ban plaintiffs petition SCOTUS; Pritzker hasn’t heard from White House

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop gets to the...