Supreme Court Questions Trump’s Tariffs and Their Impact

The Supreme Court showed skepticism towards Trump's broad tariff authority under IEEPA, but some justices indicated potential flexibility, such as reclassifying tariffs as licenses, which could allow Trump to continue using tariffs as a trade regulation tool despite legal challenges and concerns over their classification as taxes. The case could lead to a more limited interpretation of the law or a ruling that restricts Trump's tariff powers, impacting the billions collected and the broader trade policy.