President Trump's Tariff Strategy Faces Supreme Court Scrutiny
The Trump administration's use of tariffs under the International Emergency Economic Powers Act (IEEPA) is under review by the U.S. Supreme Court. The case, Learning Resources, Inc. v. Trump, will determine the extent of presidential power to impose broad tariffs under emergency powers. Meanwhile, the administration continues to utilize established tariff authorities, such as Section 232 and Section 301, to impose duties on specific sectors and products. These sections allow for tariffs based on national security and unfair trade practices, respectively. The administration's reliance on these tools underscores its commitment to using tariffs as a key component of trade policy, despite the pending legal challenge.