Summary
The U.S. Supreme Court will listen to cases about President Donald Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs. This legal challenge involves family-owned businesses and a wine importer opposing tariffs affecting their costs. The core issue is whether Trump can use IEEPA to set tariffs without Congress.
Key Facts
- The Supreme Court is examining President Trump's use of a 1977 law to impose tariffs.
- Trump used the IEEPA to set tariffs on countries like China without Congress.
- The cases include Learning Resources Inc. and V.O.S. Selections Inc., both impacted by these tariffs.
- The U.S. Court of International Trade previously ruled against Trump, citing Congress' power to set tariffs.
- The dispute is over whether the IEEPA gives the President power to bypass Congress in imposing tariffs.
- Trump's tariffs have affected several businesses, raising their import costs significantly.
- The Court hearing takes place amid a conservative majority on the bench, with Trump having appointed three justices.
