SCOTUS Strips Presidential Tariff Power Under IEEPA in Landmark 6-3 Ruling
The U.S. Supreme Court has ruled that the International Emergency Economic Powers Act (IEEPA) does not grant the President authority to impose tariffs, invalidating measures introduced in 2025. This decision reinforces Congressional taxing authority and opens the door for importers to seek billions of dollars in refunds for duties collected under the now-voided executive actions.