US tariffs: how Trump’s tax is hitting Big Tech and beyond
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Supreme Court rules 6-3 that Trump’s global tariffs are illegal.
On Friday morning, the court ruled against the Trump administration (pdf) in the case of Learning Resources, Inc. v. Trump, about whether the International Emergency Economic Powers Act (IEEPA) gave the president the power to impose sweeping tariffs on imports from more than 100 countries.
The immediate impact of the ruling is not clear, as the president may try to use other justifications for the tariffs and everything that has followed. The NYT, WSJ, and CNBC have more coverage.
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