Trade Policy & Tariffs - The solicitor general presented a strong argument for the president's need for IEPA powers [1] - The president threatened 100% tariffs after China threatened export controls on rare earth magnets from Chinese products [2] - Chinese products contained 01% of rare earth magnets [2] - The threat of 100% tariffs enabled successful execution of foreign policy [2] Legal & Political Assessment - The opposing side's arguments were weak, but the final decision rests with the Supreme Court (SCOTUS) [1] - Sometimes the most effective tariffs are those that are never implemented [1]