Reported 2 days ago
The Supreme Court's interpretation of the 'major questions doctrine,' which previously undermined Biden's climate and student loan actions, poses a significant threat to Trump's tariffs. A recent ruling from the US Court of International Trade cited this doctrine, stating that Trump's import taxes likely exceed his Congressional authority, potentially impacting $1.4 trillion in tariffs over the next decade. With a federal appeals court currently reviewing the case, the legal battle highlights the ideological rift within the court regarding the interpretation of presidential powers and Congressional limits.
Source: YAHOO