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
Labor stats offer mixed bag for Illinoi]s
U.S. Supreme Court temporarily extends abortion pill access again
Lawsuit: IL state VRA unconstitutionally lets Dems divide voters by race
Illinois Quick Hits: State grants offered to tackle ‘challenging’ properties
Democrats vow to challenge ballroom security funding in Republican budget bill
Officers mourn fallen Chicago cop as policy debate grows
Trump accuses Schumer of election ‘interference’ with New York task force
Poll site gun ban proposal draws pushback
State charges dismissed against Swain
Trump confirms gas tax suspension push as prices hit $4.52
Trump says Iranian ceasefire on ‘life support’
Meeting Summary and Briefs: Will County Board Finance Committee for May 5, 2026
Trump proposes rule expanding IVF access
Committee Advances Nearly $212,000 in Road and Facility Contracts for Jackson Township and Monee