IEEPA
33 briefs
Trump's Tariff Playbook Has One Move Left and It Also Got Struck Down
The Section 122 tariffs are the third legal theory Trump has tried to impose global duties -- and courts keep stopping each one while letting him keep collecting until further notice.
The Courts Have Now Killed Two Different Tariff Regimes. Trump Keeps Building New Ones.
The first $166B in IEEPA refunds arrive today. Last week a trade court struck down the 10% replacement tariff. The administration's legal theory for unilateral trade authority is running out of runways.
The Trump-Xi Summit Is About Iran. China Wants It That Way.
The US-China summit next week was supposed to be about tariffs and rare earths. Iran has displaced both topics. That displacement is not accidental — it is the best outcome China could have engineered.
Tariffs Ruled Unlawful, Again. It Still Won't Matter.
A federal trade court struck down Trump's 10% global tariffs, but the ruling only protects two importers and one state.
Liberation Day Is One Year Old. Moody's Says It Did 'Significant Damage.' Courts Are About to Force Refunds.
Job growth stalled. Inflation stayed above target. The IEEPA tariffs were ruled illegal. Polymarket gives 81.5% odds the courts force refunds by June. The White House calls it a success.
$175 Billion in Tariff Refunds Are Starting to Flow. The Fight Over Who Gets Them Is Just Beginning.
Large multinationals have customs teams ready. Small importers are still figuring out the portal. The money goes to whoever filed correctly, not to whoever paid the most.
The Tariffs Are Gone. The $166 Billion Refund Has Arrived. The Trade War Has Not Ended.
SCOTUS killed IEEPA tariffs in February. Trump is replacing them with Section 301 hearings starting this week. The destination is the same. Only the route changed.
The Government Has to Return $166 Billion in Illegal Tariffs. Its Portal Is Rejecting 15% of Claims.
After the Supreme Court struck down Trump's IEEPA tariffs, the administration built a refund system and then quietly set it to deny one in seven valid claims. The first checks go out May 11.
The $166 Billion Refund Nobody Can Actually Collect: The IEEPA Ruling's Unfinished Business
The Supreme Court killed Trump's Liberation Day tariffs in February. The refund process launched April 20. But 56,000 importers are chasing $127 billion through a new government portal, while Congress hagles over whether small businesses will ever see a dime.
$166 Billion Goes Back to Walmart. American Families Get Nothing.
The Supreme Court ruled Trump's tariffs illegal, the government is now refunding the money, and the legal structure guarantees that corporations receive every dollar while the consumers who bore the costs are locked out entirely.
Consumers Paid the Tariffs. Businesses Get the Refunds.
The Supreme Court struck down $166 billion in tariffs as unconstitutional. The refund portal opened Monday. Almost none of that money flows back to the households that actually bore the cost.
Trump Owes $159 Billion in Tariff Refunds. He Is Telling Companies Not to Collect.
The Supreme Court struck down the IEEPA tariffs, CBP opened a refund portal, and Trump responded by publicly threatening companies that use it. The rule of law is now a political risk calculation.
The $166 Billion Bait and Switch
The Supreme Court struck down the tariffs. The refunds are real. The question nobody will answer is who actually gets the money.
The Tariff Refund Is a Bill, Not a Check
Businesses that passed tariff costs to consumers are now eligible for government refunds. Taxpayers pay twice and the money flows to companies that already made their customers whole.
86% of US CEOs Are Planning as If Trump's Tariffs Will Outlast Trump
A PwC survey of 633 executives found the planning assumption has shifted: tariffs are no longer a negotiating tactic to wait out. They are structural. The Supreme Court struck down IEEPA tariffs. Congress didn't replace them. CEOs adapted anyway.
Trump Tells Companies to Waive Their Court-Ordered Refunds
The Supreme Court struck down his tariffs as unconstitutional. The refund portal is open. Trump is now pressuring companies to not use it, promising to 'remember' those who comply.
The Government Is Mailing $166 Billion Back to Importers. Consumers Who Paid the Tariffs Get Nothing.
The refund portal is live. Only the companies that wrote the checks to Customs can claim. The people who actually absorbed the cost in higher prices are legally invisible.
India Comes to Washington to Renegotiate a Deal It Never Signed
Three-day talks in DC open today to restart the India-US bilateral trade agreement. India had agreed to major concessions under the old IEEPA tariff regime. The Supreme Court wiped out the baseline. Now New Delhi wants those concessions back.
Tariffs Ruled Illegal, Then Hiked to 15%
The Supreme Court struck down Trump's IEEPA tariffs as unconstitutional, so Trump raised them under a different legal theory.
Trump Says Tariffs Will Replace the Income Tax. The Math Doesn't Work. That's Not the Point.
The proposal is arithmetically impossible and legally requires Congress. It is doing its intended job anyway.
The $127 Billion Refund Nobody Will Receive
The Supreme Court struck down Trump's IEEPA tariffs. Starting April 20, companies can apply for refunds. Most will not get them. Trump already has a backup plan.
The Government Is Refunding $127 Billion in Tariffs. It Plans to Collect Them Again by July.
The Supreme Court said IEEPA tariffs were illegal. CBP opens a refund portal on April 20. Treasury Secretary Bessent says replacement tariffs will be back at roughly the same levels by summer.
Tariffs Struck Down, Tariffs Coming Back
The Supreme Court ruled Trump's emergency tariff powers unconstitutional. The administration is already routing around the ruling.
The Court Ordered $133 Billion Back. Now What?
The Supreme Court struck down Trump's IEEPA tariffs. A federal court ordered refunds. Trump is already testing a workaround using a different statute. The constitutional crisis is just starting.
Billions in Tariff Refunds Are Coming. Consumers Won't See a Dollar.
The Supreme Court struck down Trump's tariffs and ordered $133 billion in refunds. A CFO survey found most companies plan to keep the money. 86% of CEOs now treat tariffs as permanent anyway.
The $166 Billion Waiting Room
The Supreme Court ordered a tariff refund. The money doesn't exist yet. Meanwhile Trump has already replaced the struck-down tariffs with a new legal theory a trade court is currently shredding.
Tariff Whack-a-Mole
After SCOTUS killed the IEEPA tariffs, Trump pivoted to Section 122. Now that too is before a federal court, and the question is whether any statutory authority can sustain his trade policy.
The Tariff That Outlived Its Legal Theory
Trump's 10% global tariff is standing on a 1974 law the Supreme Court already gutted, and a panel of judges just told him so.
Trump's Backup Tariff Plan Is in Court. It Has a 150-Day Clock and a Dubious Legal Theory.
After the Supreme Court killed his IEEPA tariffs in February, Trump pivoted to Section 122 of the Trade Act. The new 10% global levy requires a real 'balance-of-payments deficit' and expires in 150 days. Both conditions are working against him.
The Court Took Away the President's Tariff Gun. He's Already Looking for Another One.
SCOTUS killed $166 billion in tariffs in February. By April, Trump was threatening new 50% levies with no named legal authority.
Trump Threatened 50% Tariffs on Iran's Arms Suppliers. The Supreme Court Already Took Away His Authority to Do That.
Hours after signing a two-week ceasefire with Iran, Trump announced tariffs on any country arming Tehran. citing no legal basis, just days after the Supreme Court stripped his primary enforcement mechanism.
Trump Threatened 50% Tariffs on Iran's Arms Suppliers. He Has No Law to Do It With.
The same Supreme Court that struck down $166 billion in IEEPA tariffs in February is now being asked to validate a new 50% tariff threat posted on Truth Social. The UK is expecting to be hit. No one has named the legal authority.
The $166 Billion Tax Nobody Gets Back
The Supreme Court ruled Trump's tariffs illegal. American businesses and families paid $166 billion. One year later, the government has not issued a single refund. and is imposing new tariffs to replace the overturned ones.