Supreme Court's Ruling Could Challenge Trump's Tariffs

1 min read
Source: Slate
Supreme Court's Ruling Could Challenge Trump's Tariffs
Photo: Slate
TL;DR Summary

The Supreme Court examined challenges to Trump's 'Liberation Day' tariffs, revealing that these tariffs are essentially a tax on Americans and highlighting the economic and constitutional issues involved, including the president's broad power to impose tariffs under the IEEPA and the economic misconceptions surrounding trade deficits.

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