- The US Supreme Court ruled that President Trump’s customs tariffs, introduced during his second term under the International Emergency Economic Powers Act (IEEPA), were unlawful.
- The Court found that the IEEPA is not a suitable legal basis for imposing customs tariffs by executive order.
- It remains unclear if such tariffs could be imposed under other legal bases; the White House has already announced new tariffs using a different legal justification.
- Businesses that paid tariffs under the now-invalidated legal basis may expect refunds.
- The ruling does not affect tariffs imposed under other laws, such as those addressing unfair trade practices or national security concerns.
Source: kmlz.de
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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