Trump Pivots to 1962 Trade Act After Supreme Court Strikes Down Global Tariffs

What happened?

1. The Supreme Court ruled 6-3 that the IEEPA does not authorize the President to impose tariffs without Congressional consent.
2. The ruling coalition included three liberal justices and three conservative justices.
3. The administration is pivoting to the Trade Expansion Act of 1962 as its new legal justification.
4. New investigations into unfair trade practices will be launched to provide a basis for future levies.
5. The President characterized the court's decision as a 'disgrace' and 'unpatriotic'.

The U.S. Supreme Court issued a 6-3 ruling striking down the use of the International Emergency Economic Powers Act for global tariffs.

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