【环球财经】事关1万亿 美最高法院11月审议政府关税合法性

Core Viewpoint - The U.S. Supreme Court will expedite the review of the legality of tariffs imposed by the Trump administration, with oral arguments scheduled for the first week of November [1][2]. Group 1: Legal Proceedings - The Supreme Court has combined lawsuits from five small business owners, twelve states, and a toy manufacturer against the Trump administration's tariffs, potentially leading to a final ruling by the end of the year [2]. - A previous ruling by the U.S. International Trade Court stated that Trump lacked the authority to impose tariffs under the International Emergency Economic Powers Act, which was upheld by the U.S. Court of Appeals [4]. - The plaintiffs argue that the International Emergency Economic Powers Act does not grant the president the power to impose tariffs without a national emergency [4]. Group 2: Economic Implications - If the Supreme Court rules against the Trump administration, it could result in the return of tariffs amounting to an estimated $1 trillion by June next year, which would have catastrophic consequences [7]. - The effective tariff rate on imported goods has reached nearly 19%, the highest since the Great Depression, significantly above the typical 2-3% rates seen in modern times [7]. - Higher tariffs are projected to increase household expenses by an average of $2,400 annually due to elevated price levels [7].