The Supreme Court ruled Friday the International Emergency Economic Powers Act (IEEPA) does not authorize President Donald Trump to impose his global tariffs.
The high court’s decision centers on tariffs imposed under an emergency powers law, including the sweeping “reciprocal” tariffs he levied on nearly every other country.
Friday’s ruling comes despite a series of short-term wins on the court’s emergency docket that have allowed Trump to push ahead with extraordinary flexes of executive order on issues, including high-profile firings to major federal funding cuts.
Citing the Congressional Budget Office, the Associated Press reported that the economic impact of Trump’s tariffs has been estimated at roughly $3 trillion over the next decade.
The tariffs decision doesn’t stop President Donald Trump from imposing duties under other laws. While those have more limitations on the speed and severity of Trump’s actions, top administration officials have said they expect to keep the tariff framework in place under other authorities.
In a post on Truth Social Friday, Trump said:
“It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately. Thank you for your attention to the matter! PRESIDENT DONALD J. TRUMP”
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