Tariffs
Supreme Court Ruling on Tariffs Explained GlobalAutoIndustry.com recently released an audio interview addressing the implications of a recent Supreme Court decision regarding tariffs. The interview features Les Glick, a Director at the Fennemore Law firm specializing in international trade and customs law. Summary of the Supreme Court Decision The audio interview with Les Glick summarizes […]
The Supreme Court recently rejected tariffs imposed by former President Donald Trump in the case of Learning Resources v. Trump, challenging the notion of a court consistently aligned with Republican-appointed justices and Trump’s policies. The decision, announced after an unexpected delay, saw a majority of justices, including three Republican-appointed and three Democratic-appointed, striking down the […]
The Supreme Court recently ruled against the Biden administration’s use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs. The decision centers on whether the act grants the president the authority to levy tariffs, a power the Court concluded it does not. Victory for Congress and the Constitution The ruling is considered significant […]
On February 20, 2026, the U.S. Supreme Court issued a 6–3 decision in Learning Resources v. Trump, holding that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs. The ruling affirmed the Federal Circuit’s judgment invalidating tariffs imposed under IEEPA and forecloses the President’s future use of IEEPA for […]
The question of who ultimately bears the cost of tariffs has been a subject of debate. Recent analysis indicates that U.S. importers, rather than foreign producers or consumers, have primarily absorbed the additional customs duties imposed. Economic Analysis of Tariffs Economists at the Federal Reserve Bank of New York observed that foreign producers have largely […]
A recent Supreme Court decision has limited the authority of the President to impose international tariffs. The ruling addresses the use of the International Emergency Economic Powers Act (IEEPA) in relation to tariffs initiated by former President Donald Trump. Impact on New Jersey Businesses Michele Siekerka, President and CEO of the New Jersey Business and […]
Small business owners across the United States are grappling with the economic impact of tariffs implemented during the previous administration. A Supreme Court case currently under review could significantly alter the landscape for these businesses, with a decision expected on February 20. Impact on Small Businesses Numerous small business owners have reported negative consequences stemming […]
Small businesses are awaiting a U.S. Supreme Court decision regarding President Donald Trump’s tariff authority. A supply chain expert suggests that uncertainty surrounding import duties is likely to persist. Matt Lekstutis, director at Efficio, a global supply chain and procurement consultancy, stated that tariff uncertainty is expected to continue regardless of the Supreme Court’s ruling. […]
The future of many of Donald Trump’s tariffs is uncertain, pending a Supreme Court ruling on the administration’s global trade barriers. The legal question of whether the policy is constitutional is separate from whether it is a sound policy decision. Founders and Economic Democracy The U.S. founders supported economic democracy, a decision-making process that incorporates […]
The US Supreme Court is set to rule on the legality of former President Trump’s global duties on trade partners, a landmark test of presidential powers. The court’s first opportunity to issue a verdict passed last week, and the next opinion day is scheduled for Wednesday, January 14. Supreme Court Case and Potential Refunds Companies […]