Court unlikely to derail Trump’s IEEPA tariffs over Greenland gambit

1 min read
Source: CNBC
Court unlikely to derail Trump’s IEEPA tariffs over Greenland gambit
Photo: CNBC
TL;DR Summary

Treasury Secretary Scott Bessent said it’s very unlikely the Supreme Court will overturn President Trump’s use of the International Emergency Economic Powers Act to impose tariffs, with a ruling potentially this week. Trump has announced new tariffs on European goods—10% starting Feb. 1 and rising to 25% by June—as part of a Greenland-related push, drawing European pushback while a White House meeting with Danish and Greenland officials signals ongoing diplomacy. The court is expected to rule on IEEPA challenges before the end of its term.

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