The #tariffs decision doesn’t stop #Trump from imposing duties under other #laws. While those have more limitations on the speed & severity of Trump’s actions, top admin ofcls have said they expect to keep the tariff framework in place under “other authorities”.
#law #economy #inflation #affordability #CostOfLiving #geopolitics #SCOTUS
The #Constitution gives #Congress the #power to levy #tariffs. But the #Trump administration argued that a 1977 #law allowing the president to regulate importation during “emergencies” also allows him to set tariffs. Other presidents have used the law dozens of times to impose #sanctions, but Trump was the first president to invoke it for #import #taxes.
#law #economy #inflation #affordability #CostOfLiving #geopolitics #SCOTUS