Tariff authority decision still awaited from Supreme Court
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.
Latest News Stories
IL Medicaid overhaul effective Jan. 1 sparks backlash
Illinois quick hits: Man convicted of drug money laundering; human trafficking arrests made
Mental Health Board Updates Committee on 2026 Grant Cycle and Funding Priorities
Peotone Board Welcomes New Trustee, Receives Top Recognition in Annual Audit
PZC Approves Homer Township Landscape Business Despite Neighbor Concerns; Adds Berm Condition
JJC Foundation Executive Director Retires Following $2.3 Million Estate Gift
Lincoln-Way Board Approves $92.5 Million Tax Levy for 2025
Chicago council, ‘starting to legislate,’ sends $16.7 billion budget to mayor
Peotone School Board Approves $15.6 Million Tax Levy, Opens Door for $4.9 Million Bond Sale
Hegseth promises to fix barracks, but work could take time
‘Long overdue’: Praise for HHS’ action to bar taxpayer-funded sex-change procedures
Gas prices drop, but taxes make Illinois pricier than Midwest neighbors
Liquor License Amendments Approved for Frankfort, Joliet, and Lockport Businesses
Wilmington Tops Peotone in Defensive Battle, 40-29