😲 In a blockbuster hearing on Wednesday, the U.S. Supreme Court raised serious doubts about President Donald Trump's authority to slap tariffs on goods from around the world. Both conservative and liberal justices questioned whether a 1977 law—originally meant for national emergencies—actually gives the White House the power to impose these duties without Congress.
📜 During over 150 minutes of arguments, justices challenged the lawyer for Trump's administration: Did the law really allow such sweeping trade actions? Or did the president overstep Congress's exclusive power to regulate trade?
⚖️ While liberal justices voiced strong concerns—arguing that the president must not bypass lawmakers—some conservatives reminded everyone of the president's inherent authority in foreign affairs. That split signals we might see a narrow decision in a court with a 6-3 conservative edge.
🌐 This legal battle isn't just about U.S. politics. It has ripple effects for global markets, affecting businesses and governments from Asia to Europe. Twelve U.S. states—most led by Democrats—and companies hit by the tariffs filed the challenge in lower courts. They argue these taxes have hurt consumers and disrupted supply chains worldwide.
🔍 As the Supreme Court weighs in on this landmark case, young entrepreneurs, investors, and globe-trotting adventurers should keep an eye on the outcome. It could reshape the balance of power between the White House and Congress—and define how the U.S. participates in the global economy for years to come. Stay tuned! 🌟
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U.S. Supreme Court casts doubt on legality of Trump's global tariffs
cgtn.com
