NEW YORK — The nation’s highest court struck down some of U.S. President Donald Trump’s most sweeping tariffs, Friday, in a 6-3 decision ruling that he overstepped his authority when using an emergency powers law to justify new taxes on goods from nearly every country in the world. Trump has launched a barrage of new tariffs over the last year. Despite Friday’s ruling, many sectoral levies remain in place — and the president has already said that he’ll turn to other options for more import taxes. But the Supreme Court decision upends a core set of tariffs that Trump imposed using the 1977 International Emergency Economic Powers Act, or IEEPA. IEEPA authorizes the president to broadly regulate commerce after declaring a national emergency. Over the years, presidents have turned to this law dozens of times, often to impose sanctions on other countries. But Trump was the first to use it to implement tariffs. Here’s a look at the now-overturned tariffs Trump imposed using IEEPA — and other levies that still stand today. Trump used IEEPA to slap import taxes on nearly every country in t
US insists that Kiev get out of Donbass Zelensky
...
Read moreDetails
