Last mentioned: 1d ago
Implementation Date
Tariffs are scheduled to go into effect at 12:01 a.m. ET according to White House fact sheets.
Escalation to 15%
Trump increases the rate to 15% via Truth Social, citing Section 122 authority.
Lower Court Battles
Multiple industry groups and foreign entities file lawsuits challenging the legality of the duties.
Supreme Court Hearing
The Supreme Court agrees to hear consolidated cases regarding executive trade authority.
Tariffs Declared Illegal
SCOTUS issues the final decision invalidating the sweeping tariff regime.
Supreme Court Ruling
SCOTUS issues 6-3 decision striking down the tariffs as an unlawful exercise of executive power.
SCOTUS Ruling
Supreme Court strikes down the tariffs in a 6-3 decision, citing executive overreach.
Supreme Court Ruling
SCOTUS reverses the lower court, holding that IEEPA does not include taxing power.
SCOTUS Ruling
Supreme Court invalidates the administration's use of emergency powers for global tariffs.
10% Announcement
Trump announces a 10% global tariff in immediate response to the court's decision.
Appellate Ruling
Appeals court split leads to Supreme Court fast-track review.
Legal Challenges Filed
Retail and shipping trade groups file suit in federal court challenging the legality of the duties.
Lower Court Challenges
Multiple trade groups file lawsuits challenging the legality of the emergency declaration.
Appellate Ruling
The Federal Circuit upholds the tariffs, citing broad executive discretion in foreign affairs.
Tariffs Imposed
President Trump announces 'Liberation Day' global tariffs under emergency authority.
Tariff Implementation
President Trump invokes emergency powers to implement global reciprocal tariffs.
Lower Court Challenge
Trade groups and importers file suit, alleging the President exceeded statutory authority.
Emergency Declaration
The President declares a national emergency regarding foreign trade imbalances and imposes IEEPA tariffs.
Tariff Initiation
Trump administration begins imposing sweeping tariffs under Section 232 and 301.
President Donald Trump has escalated global import duties to a 15% maximum, pivoting to Section 122 of the 1974 Trade Act after the Supreme Court invalidated his previous emergency-power tariffs. This temporary measure faces a 150-day legislative deadline and significant skepticism from a Republican-controlled Congress concerned about inflation.
The U.S. Supreme Court has issued a landmark ruling declaring that the President lacks the authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA). This decision restores primary trade-taxing authority to Congress and creates a path for significant legal challenges to existing executive trade actions.
The U.S. Supreme Court has issued a definitive ruling declaring the Trump administration's sweeping tariff policies illegal, significantly curtailing executive trade authority. This decision marks a major shift in the separation of powers regarding international commerce and national security-based economic measures.
The U.S. Supreme Court has struck down President Donald Trump’s sweeping global tariff regime, ruling 6-3 that the administration exceeded its authority under federal emergency-powers laws. The decision represents a significant judicial check on executive trade power and provides immediate relief to global supply chains.
The U.S. Supreme Court has invalidated President Donald Trump’s sweeping 'Liberation Day' tariffs, ruling they exceeded executive authority under national emergency statutes. This landmark 6-3 decision opens the door for U.S. importers to seek billions of dollars in refunds for duties already paid.