CELEBRITY
Breaking News: The Supreme Court struck down President Trump’s sweeping tariffs on imports from nearly every U.S. trading partner.
Breaking News: The Supreme Court struck down President Trump’s sweeping tariffs on imports from nearly every U.S. trading partner.
**Breaking News: High Court Voids Trump-Era Global Tariffs**
In a landmark decision with sweeping economic implications, the Supreme Court on Friday struck down former President Donald Trump’s broad tariffs on imports from nearly every major trading partner of the United States, ruling that the executive branch overstepped its authority in imposing the measures.
The 6–3 decision found that the administration’s use of emergency economic powers to justify across-the-board tariffs lacked clear congressional authorization. Writing for the majority, the Court stated that while the president holds significant authority over foreign policy and trade, that power is not unlimited and must align with statutes enacted by Congress.
The tariffs, first introduced during Trump’s presidency, targeted hundreds of billions of dollars in goods, including steel, aluminum, electronics, and consumer products. Supporters argued the measures were necessary to protect domestic industries and address trade imbalances. Critics, however, contended that the sweeping duties raised consumer prices and strained diplomatic relationships with key allies.
Business groups and global markets reacted swiftly to the ruling. Major stock indices rose in early trading, and import-dependent industries signaled relief, anticipating lower costs and more predictable trade conditions.
Legal analysts say the decision could significantly reshape the balance of power between Congress and the White House in matters of trade policy, potentially limiting future presidents’ ability to impose wide-ranging tariffs without explicit legislative backing.
The ruling takes immediate effect, setting the stage for renewed debate in Congress over the future direction of U.S. trade policy.