In a landmark ruling, the U.S. Supreme Court delivered a blow to former President Donald Trump’s controversial tariff regime this week, declaring his use of emergency powers to impose global tariffs illegal. The decision, splitting the court’s conservative majority 6-3, has sparked debates about executive authority and the future of U.S. trade policy. 🌍⚖️
Why Did the Court Rule Against Trump?
Trump’s tariffs, enacted in April 2025 under the International Emergency Economic Powers Act (IEEPA), were justified as addressing the U.S. trade deficit—a 'national emergency.' But the court called this a stretch, with Chief Justice Roberts stating the law’s language couldn’t support such sweeping power. 'The president can’t turn a trade gap into a tax scheme,' critics argued. 📉
Trump’s New Tariff Gambit
Hours after the ruling, Trump pivoted to a 1974 trade law, slapping a new 10% global tariff. But this move has limits: the tariffs can’t exceed 15% and expire in 150 days without Congress’s approval. Analysts say it’s a temporary fix, reigniting fears of market volatility. 💥
Refund Chaos Ahead?
With over $175 billion in tariffs collected, importers and Democrats like California Gov. Gavin Newsom are demanding refunds. 'Every dollar must be returned—with interest,' Newsom declared. But legal experts warn refunds could take years, as thousands of lawsuits flood courts. Trump quipped, 'We’ll be in court for five years.' ⏳⚖️
As the White House scrambles to defend its trade agenda, one thing’s clear: the battle over tariffs is far from over. 🔥
