Episode Details

US Supreme Court invalidates Trumps tariffs, citing constitutional limits on presidential powers. The ruling, a six-to-three decision, marks the first time the court has overturned a Trump policy in his second term. The court emphasized the constitutional role of Congress in controlling taxes like tariffs, especially during peacetime. The decision was met with mixed reactions, with Trump calling it a disgrace and economists welcoming the end of tariffs that were driving up prices amid inflation. The majority opinion relied on the major questions doctrine, while a dissent noted potential limitations on future tariffs. Trading partners are closely watching the impact of this decision on US economic policy. NordVPN — Online privacy & security thednn.ai/nord