Summary
President Donald Trump criticized the Supreme Court's decision to strike down his tariffs, calling it a "disgrace." The decision limits the President's power to impose tariffs without Congress's approval. Trump suggested he has an alternative plan following the ruling.
Key Facts
- The Supreme Court ruled that President Trump needs clear Congressional approval to impose tariffs.
- Trump's tariffs aimed to reduce the trade deficit and boost U.S. manufacturing jobs.
- Critics of the tariffs argued they would lead to higher prices for American consumers.
- The tariffs faced legal challenges for potentially exceeding the President's authority under the International Emergency Economic Powers Act (IEEPA).
- Chief Justice John Roberts wrote the majority opinion of the court.
- Justices Gorsuch and Barrett joined the three liberal-leaning justices in the majority ruling.
- Justices Thomas, Alito, and Kavanaugh disagreed with the majority decision.
- The decision means the federal government may need to refund billions to U.S. importers affected by the tariffs.