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
Parents could gain access to school discipline evidence under proposed bill
State of the Union highlighted political fracture between Democrats, Trump
Illinois Democrats dispute Trump statements during State of the Union
Illinois Quick Hits: State taxpayers to help restore historic Chicago hotel
Trump moves ahead with tariff plans after Supreme Court ruling
Illinois racial wealth gap among largest in country
Trump to award Medal of Freedom to Michigan native, Olympic goalie Connor Hellebuyck
Supreme Court appears skeptical of Michigan family’s foreclosure case
Judge: Right to sue under IL biometrics law too important to end suit vs Meta
McCuskey leads group fighting to keep natural gas appliances
From Mexico to the northern border, federal agents nab forced labor, visa fraud
Mexican citizens charged with agricultural visa fraud
Dalilah Law a step toward core elements of roadway safety
Celebrating gold, unity: Jewish athletes among those honored at State of the Union