Summary
Victor Schwartz, a wine importer in New York, was a lead plaintiff in a Supreme Court case that ruled against President Donald Trump's global tariffs. The court decided 6-3 that Trump did not have the authority to impose these broad import taxes, which affected many small businesses. This decision marked a significant legal defeat for one of Trump's key economic policies.
Key Facts
- Victor Schwartz owns VOS Selections, a company that imports wines and spirits to the U.S.
- He challenged President Trump's broad tariffs, arguing they were illegal and harmful to small businesses like his.
- The Supreme Court ruled 6-3 that Trump overstepped his authority with these tariffs.
- The decision was a setback for Trump's economic policy and affected the way import businesses are taxed.
- The case was helped by arguments that the Constitution gives Congress, not the President, the power to impose taxes.
- Chief Justice John Roberts and two other conservative justices appointed by Trump sided with the majority.
- Learning Resources, an educational toy company, was also a lead plaintiff, arguing similar points about the tariffs.
- The ruling left some tariffs in place but overturned others, based on different laws.
