Supreme Court rules Trump's global tariffs illegal
The U.S. Supreme Court ruled in a 6-3 decision that President Donald Trump's global tariffs were illegal, stating he exceeded his authority under the International Emergency Economic Powers Act. This ruling voids the majority of tariffs imposed by Trump, potentially affecting over $200 billion in fees collected since last year and leaving the issue of refunds to lower courts. In response, Trump announced a new 10 percent global tariff, citing different legal grounds to impose it.
US Lawmakers Oppose War Powers Resolution on Iran
US lawmakers, including Representatives Josh Gottheimer and Mike Lawler, announced their opposition to a bipartisan War Powers Resolution aimed at limiting President Donald Trump's ability to launch military action against Iran without congressional approval. The resolution, proposed by Representatives Ro Khanna and Thomas Massie, seeks to require explicit authorization for military strikes as tensions escalate and the US military builds up forces near Iran. The debate occurs amid ongoing diplomatic efforts to address Iran's nuclear program, with Trump emphasizing the need for operational flexibility in response to perceived threats from Tehran.
Supreme Court Rules $175 Billion Tariff Revenue Refundable
The U.S. Supreme Court ruled that over $175 billion in revenue generated from tariffs imposed by former President Donald Trump is subject to refunds, impacting numerous companies. The 6-3 decision, written by Chief Justice John G. Roberts Jr., found that Trump exceeded his authority in imposing these tariffs, prompting a mixed response from lawmakers. While businesses have welcomed the ruling, the process for obtaining refunds is expected to be complex and time-consuming.
Supreme Court limits Trump's tariff powers amid legal challenges
The US Supreme Court ruled that the International Emergency Economic Powers Act does not authorize President Trump's imposition of sweeping global tariffs, which included a 25% duty on most imports from Canada and Mexico and a 10% duty on Chinese imports. In a separate legal development, West Virginia Attorney General John McCuskey announced a lawsuit against Apple, alleging that the company allowed the storage and distribution of child sexual abuse material on its iCloud platform.