Core Points - The U.S. Supreme Court announced it 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] - The case involves tariffs including a 10% baseline tariff and higher tariffs on trade partners without agreements with the U.S., as well as the so-called "fentanyl tariff" [1][2] - This ruling could significantly impact Trump's economic agenda and potentially alter the trajectory of the U.S. economy and global trade [2] Group 1 - The Supreme Court has combined lawsuits from five small business owners, twelve states, and a toy manufacturer against the Trump administration's tariffs, with a final ruling expected by the end of the year [2] - The U.S. International Trade Court previously ruled that Trump lacked the authority to impose these tariffs under the International Emergency Economic Powers Act [2][4] - The plaintiffs argue that the Act does not grant the president the power to impose tariffs and that there is no national emergency justifying Trump's actions [2] Group 2 - If the Supreme Court rules against the Trump administration, it could lead to the return of up to $1 trillion in tariffs, which would have severe consequences for the administration's trade agreements and ongoing negotiations [4] - The effective tariff rate on U.S. imports is currently close to 19%, the highest since the Great Depression, significantly above the typical 2-3% rate [5] - High tariffs are estimated to increase annual household expenses by $2,400 due to elevated price levels [5]
事关1万亿 美最高法院11月审议政府关税合法性
Xin Hua Wang·2025-09-11 01:34