trade
7 briefs
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.
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.
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.
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.