The Supreme Court ruled that President Trump lacked the authority under the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs. The 6-3 decision found the law does not explicitly grant power for tariffs, a move Trump had used extensively. This ruling could lead to significant refunds and ongoing disputes over presidential tariff powers. The Supreme Court ruled that President Trump lacked the authority under the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs. The 6-3 decision found the law does not explicitly grant power for tariffs, a move Trump had used extensively. This ruling could lead to significant refunds and ongoing disputes over presidential tariff powers.
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