Trump Has Many Options if the Supreme Court Strikes Down Tariffs
Clark Packard and Stan Veuger The U.S. Supreme Court is expected to soon come to a decision in Learning Resources v. Trump, the case that will determine whether the tariffs that the second Trump administration has imposed under the International Emergency Economic Powers Act (IEEPA) pass statutory and constitutional muster. If President Donald Trump’s signature economic policy is struck down, the consequences will be significant: The administration may have to refund the roughly $100 billion in taxes that […]