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
New Lenox Swears In New Police Chief Micah Nuesse, Deputy Chief Brandon Tilton
Public education budgets balloon while enrollment, proficiency, standards drop
Meeting Summary and Briefs: Will County Board Executive Committee for August 14, 2025
New Lenox Fire District Approves Contract for $4 Million Station 62 Remodel
New Lenox to Reinstate 1% Grocery Tax, Mayor Blames State Politics
New Lenox Township Receives Clean Audit, Praised for Fiscal Strength
Frankfort Approves Over $19 Million in Surplus Fund Transfers for Future Projects
Frankfort Advances Plans for New Multi-Use Paths to Boost Pedestrian Safety
Frankfort Police Department to Purchase New Portable Radios for $31,000
Meeting Summary and Briefs: Village of Frankfort Board for August 18, 2025
Executive Committee Details Spending of $134 Million in Pandemic Relief Funds
Report: Human Rights Campaign pressures transgender procedures on minors