From Global News.

U.S. President Donald Trump is set to speak on Friday after the Supreme Court ruled against his global tariffs enacted under a federal law intended for national emergencies.

The U.S. Supreme Court ruled that Trump overstepped his presidential authority by imposing tariffs on Canada, Mexico and other countries under emergency powers, striking down a central economic and diplomatic strategy that has upended global trade.

A majority of the justices sided with lower courts that had found Trump improperly used tariffs to respond to national emergencies he declared over fentanyl trafficking in North America and international trade deficits, the latter of which led to so-called “reciprocal” tariffs against dozens of nations.

The law Trump used to exercise that authority, the International Emergency Economic Powers Act (IEPPA), “does not authorize the President to impose tariffs,” Chief Justice John Roberts wrote in the majority opinion.

For more info, please go to https://globalnews.ca/news/11675702/donald-trump-tariffs-us-supreme-court-ruling/

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