The Supreme Court ruled on Friday that the bulk of President Donald Trump’s tariffs were unconstitutionally enacted. | Mandel Ngan/AFP via Getty Images
The Supreme Court just upended President Donald Trump’s trade war.
In a 6-3 decision, the Court ruled on Friday that the bulk of Trump’s tariffs were unconstitutionally enacted.
Trump had rested his trade agenda on a peculiar interpretation of the International Emergency Economic Powers Act (IEEPA), a statute that empowers the president to “regulate” transactions in response to “unusual and extraordinary” threats amid national emerg...
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