#SCOTUS’ decision was 6-3.
Justices #ClarenceThomas, Samuel #Alito & Brett #Kavanaugh dissented.
Writing for the majority, Chief Justice #JohnRoberts said the #statute does not authorize the president to impose #tariffs.
“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, & scope. In light of the breadth, history, & constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it.”
#Treasury has collected >$133 billion from the #import #taxes #Trump imposed under the emergency powers law, federal data from December says. Many companies, including the big-box warehouse chain Costco, have already lined up in court to demand #refunds.
#law #economy #tariffs #inflation #affordability #CostOfLiving #geopolitics #SCOTUS
#SCOTUS’ decision was 6-3.
Justices #ClarenceThomas, Samuel #Alito & Brett #Kavanaugh dissented.
Writing for the majority, Chief Justice #JohnRoberts said the #statute does not authorize the president to impose #tariffs.
“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, & scope. In light of the breadth, history, & constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it.”
