Debate with Arnab: Trump’s Global Tariffs Struck Down | US Supreme Court Strikes Down Trump Tariffs
The ruling also raised the question of refunds, which could return an estimated $129 billion to importers in the months ahead. It upholds two lower courts — including the US Court of International Trade — that previously found Trump did not have the authority to impose global tariffs using the 1977 law.
US GOVT WOULD NEED TO RETURN USD 129 BILLION TO IMPORTERS
What are Trump’s options now?
After the Supreme Court heard arguments in the case in November, Trump said he would consider alternatives if it ruled against him on tariffs, telling reporters that "we’ll have to develop a ‘game two’ plan."
Treasury Secretary Scott Bessent and other administration officials said the United States would invoke other legal justifications to retain as many of Trump’s tariffs as possible.
Among others, these include a statutory provision that permits tariffs on imported goods that threaten U.S. national security and another that allows retaliatory actions including tariffs against trading partners that the Office of the U.S. Trade Representative determines have used unfair trade practices against American exporters.
trump may have to issue refund on collected proceeds
us supreme court strikes down trump tariffs
us sc votes 6-3 against trump tariffs
us top court declares trump tariffs as illegitimate
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