The Supreme Court heard a case regarding President Trump’s use of tariffs under the International Emergency Economic Powers Act (IEEPA) during a national emergency, with justices questioning the extent of presidential power and statutory interpretation. Skepticism emerged towards the administration’s claim of broad authority to impose tariffs, as plaintiffs representing states and businesses argued against it, citing potential financial harm. The justices expressed concerns over the unique application of IEEPA for tariffs and the implications of Congress’s role in regulating trade. No ruling was made following the session.

Source: https://www.supplychaindive.com/news/supreme-court-questions-trumps-tariff-powers/804831/