Tariff authority decision still awaited from Supreme Court

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.

Event Calendar

[pdem_events format="calendar" size="xlarge" layout="stacked" exclude_category="sports,library" limit="22" debug="no"]

Events

No events

Leave a Comment





Latest News Stories

Lawmakers concerned over taxpayer burden of Iran conflict

Lawmakers concerned over taxpayer burden of Iran conflict

By Thérèse BoudreauxThe Center Square As U.S. military operations in Iran continue with no end in sight, lawmakers are debating whether to authorize billions in taxpayer money for the Pentagon....
Pritzker pushes back on Megaproject tax concerns

Pritzker pushes back on Megaproject tax concerns

By Sean Reed | The Center Square contributorThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker pushed back on the idea that proposed legislation, dubbed the “Megaprojects Bill,”...
Measles spreads across some Southwestern states

Measles spreads across some Southwestern states

By Zachery SchmidtThe Center Square The area along the Arizona and Utah border is continuing to see the measles outbreak that started in August, and California and Colorado have seen...
EXCLUSIVE: Inside one Michigan town's fight against solar expansion

EXCLUSIVE: Inside one Michigan town’s fight against solar expansion

By Elyse ApelThe Center Square In Fayette Township in southwest Michigan, a series of utility-scale solar projects has drawn hundreds of residents to local meetings and sparked a grassroots campaign...
Trump demands unconditional surrender from Iran, mentions regime change

Trump demands unconditional surrender from Iran, mentions regime change

By Morgan SweeneyThe Center Square President Donald Trump has said he will accept nothing less from Iran than unconditional surrender, according to a social media post on Friday. “There will...
Illinois pols react to Homeland Security secretary’s exit, reassignment

Illinois pols react to Homeland Security secretary’s exit, reassignment

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A member of Congress from Illinois says it is not enough for President Donald Trump to fire...
Illinois quick hits: Appeals court vacates use of force injunction; Charges filed for possession of sex abuse materials; Gas prices keep rising

Illinois quick hits: Appeals court vacates use of force injunction; Charges filed for possession of sex abuse materials; Gas prices keep rising

By Jim Talamonti | The Center SquareThe Center Square Appeals court vacates use of force injunction The Seventh Circuit U.S. Court of Appeals has vacated U.S. District Court Judge Sara...
U.S. cut 92,000 jobs in 'dismal' February report, unemployment 4.4%

U.S. cut 92,000 jobs in ‘dismal’ February report, unemployment 4.4%

By Andrew RiceThe Center Square The U.S. economy lost 92,000 jobs in February, a significant cut after January saw a better-than-expected report, according to the Bureau of Labor Statistics. The...
Turmoil in Texas: Concerns for Paxton to drop out, Gonzales drops reelection bid

Turmoil in Texas: Concerns for Paxton to drop out, Gonzales drops reelection bid

By Bethany BlankleyThe Center Square Within two days of the March primary election, two high-profile races are already in turmoil. Republican leaders are taking actions to keep the seats red,...
HHS and DOC announce nutrition education initiative for medical schools

HHS and DOC announce nutrition education initiative for medical schools

By Emily RodriguezThe Center Square Nutrition education for medical students will become more prominent in curriculum beginning this upcoming fall. U.S. Department of Health and Human Services Secretary Robert F....
Target sued for checking arrest records of new hires: Class action

Target sued for checking arrest records of new hires: Class action

By Jonathan Bilyk | Legal NewslineThe Center Square CHICAGO — Target has been hit by a new class action lawsuit accusing it of violating Illinois state law by conducting criminal...
Farm bill, with changes, heads to U.S. House for vote

Farm bill, with changes, heads to U.S. House for vote

By Thérèse BoudreauxThe Center Square After more than 22 hours of debate, the Agriculture Committee in the House of Representatives voted early Thursday morning to advance the Farm, Food, and...
Agency improves license processing times; PA leader calls for modernization

Agency improves license processing times; PA leader calls for modernization

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Department of Financial and Professional Regulation says it has reduced the average processing time for...
These are the members of Congress who voted against disclosing sexual harassment claims

These are the members of Congress who voted against disclosing sexual harassment claims

By Bethany BlankleyThe Center Square Nearly all members of Congress, 357 Republicans and Democrats, don’t want taxpayers to know which members have used taxpayer funds to pay sexual harassment claims....
Illinois Quick Hits: Pritzker to Noem: 'Don't let the door hit you'

Illinois Quick Hits: Pritzker to Noem: ‘Don’t let the door hit you’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says former Homeland Security Secretary Kristi Noem’s legacy is corruption and chaos. In...