• The Supreme Court of the United States (SCOTUS) issued a ruling on Friday striking down most of US President Donald Trump’s tariffs, with six of the nine Supreme Court justices ruling that the Executive Branch lacks authority to levy tariffs under the International Emergency Economic Powers Act (IEEPA). • “IEEPA does not authorize the President to impose tariffs,” Friday’s ruling said, adding that the president has “no inherent authority” to impose tariffs during peacetime using the statutes in the IEEPA. • The ruling read: “In IEEPA’s half-century of existence, no president has invoked the statute to impose any tariffs, let alone tariffs of this magnitude and scope. • That ’lack of historical precedent,’ coupled with the breadth of authority that the President now claims, suggests that the tariffs extend beyond the President’s ’legitimate reach.’” Trump claimed that the purported inflow of drugs from Canada, China and Mexico, as well as the “hollowing out” of the US industrial base, constituted a national emergency under IEEPA that justified the tariffs, which the court rejected. • Trump criticizes court, says he’ll get tariffs reinstated In a press briefing following the decision, Trump lashed out at the justices who voted to strike down the tariffs and vowed to get them reinstated, Politico reported. • “The Supreme Court’s ruling on tariffs is deeply disappointing, and I’m ashamed of certain members of the court, absolutely ashamed, for not having the courage to do what’s right for

Article Summaries:

  • The Supreme Court ruled on Friday that President Donald Trump’s broad tariff program violates the International Emergency Economic Powers Act, with six of nine justices finding the executive branch lacks authority to impose such tariffs during peacetime. Trump, who cited drug inflows and industrial decline as a national emergency, criticized the decision and pledged to restore tariffs through “other alternatives.” The ruling follows a history of market volatility tied to Trump’s tariff announcements, notably a sharp crypto sell‑off after a 100 % China tariff was announced in October 2025. The decision marks a significant check on executive trade power, while Trump’s next steps remain uncertain.

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