Supreme Court Says Trump’s Tariffs Are Illegal. Here’s What Happens Next

The Supreme Court said essentially that the administration does not have the authority that it said it had to just unilaterally declare tariffs without congressional authorization. The Supreme Court's ruling on tariffs is deeply disappointing. The power to tax goes to the legislature.If you want to put on tariffs, you have to get a trade law passed. Certainly weakens Trump's hand, but it certainly doesn't mean that the tariffs are over. Broad tariffs that the president imposed, reciprocal tariffs and the so ...