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
Commission Overrides Staff Recommendation, Approves Manhattan Township Barn Expansion
Community violence intervention advocates tout crime reduction, taxpayer funding
Pritzker’s social media fee plan faces cost, legality questions
Investigation: Wisconsin’s DPI took uncommon approach with Dells conference
Motion to disqualify prosecutors in Robinson’s trial is denied
Chicago tourism rises; visitors ignore Trump’s condemnation
CMS proposes 0.09% Medicare Advantage advanced rate, raising alarms
U.S. Supreme Court to hear Michigan foreclosure case on Wednesday
DHS silent on number of agents remaining in Twin Cities
Supreme Court strikes down court error in baby food case
Illegal border crosser apprehensions drop 96% at southwest border in a year
Group says Congress must stop U.S. strikes on suspected drug boats
Supreme Court halts mail delivery lawsuit
Illinois quick hits: Chicago man faces charges in road-rage shooting; migrant accused of murdering church volunteer; Illinois Liquor Control Commission launches new system