Summary
The United States Supreme Court ruled that President Donald Trump's global tariffs were illegal. The decision stated that he did not have the authority to impose these tariffs under a 1977 law. The case will go back to a lower court to sort out potential refunds.
Key Facts
- The Supreme Court found Trump's global tariffs illegal with a 6-3 vote.
- Chief Justice John Roberts wrote the decision, saying the 1977 law doesn't allow sweeping tariffs.
- Trump argued the tariffs were needed due to national emergencies like trade deficits and drug issues.
- The court ruled the law was meant for specific emergencies, not broad trade changes.
- Trump called the ruling "a disgrace."
- Three justices disagreed, saying Trump could impose tariffs under other laws.
- An estimated $130 billion in tariffs has been collected so far.
- The case goes back to the US Court of International Trade to address possible refunds.
