U.S. Supreme Court Blocks President Trump's Global Tariffs Under National Emergency Law
The ruling under the International Emergency Economic Powers Act sparked criticism from Trump, who vowed alternative trade measures as refund disputes remain unresolved.
Summary
On February 20, the U.S. Supreme Court ruled that tariffs imposed during the Trump administration under the International Emergency Economic Powers Act lacked clear legal authority. Former President Trump criticized the decision as shameful and stated he has prepared alternative trade plans, though details from the White House remain undisclosed. The Court did not determine refund eligibility for affected parties, leaving hundreds of tariff refund lawsuits pending in the U.S. Court of International Trade.
Terms & Concepts
- International Emergency Economic Powers Act (IEEPA): A U.S. law granting the President authority to regulate international commerce during a declared national emergency, subject to legal and statutory limits.
- Tariff Refund Lawsuit: A legal case seeking repayment of tariffs paid by importers or exporters, often filed when the underlying tariff is overturned or found unlawful.