Department of Commerce

organization

Last mentioned: 11h ago

Timeline

  1. Implementation Window

    Expected date for CBP to begin enforcing new 10% duty rates.

  2. CBP Deadline

    Expected date for Customs to issue new guidance on duty collection and refunds.

  3. Expected Legal Filings

    Trade groups and importers are expected to file for preliminary injunctions.

  4. Final Ruling

    The Supreme Court strikes down the tariffs as unconstitutional executive overreach.

  5. Ruling Issued

    Supreme Court strikes down the global import tax framework in a landmark decision.

  6. Policy Pivot

    President Trump announces an immediate move to a 10% universal tariff.

  7. Final Ruling & Response

    SCOTUS rules against the administration; Trump issues a public rebuke of the justices.

  8. Final Ruling Issued

    The Court rules against the tariffs but leaves the definition of 'emergency' open for future debate.

  9. Supreme Court Ruling

    The Court issues a decision limiting executive authority in a key administrative case.

  10. Tariff Announcement

    Trump announces the 10% global tariff plan in response to the ruling.

  11. Policy Pivot

    White House signals intent to use Section 201 and AD/CVD petitions to maintain trade barriers.

  12. SCOTUS Deliberation

    Final arguments heard regarding the constitutionality of global import taxes.

  13. SCOTUS Ruling

    The Supreme Court strikes down the tariffs as an unconstitutional use of executive power.

  14. SCOTUS Ruling

    The Supreme Court strikes down the broad application of Section 232 tariffs.

  15. SCOTUS Oral Arguments

    The Supreme Court hears arguments regarding the scope of the International Emergency Economic Powers Act (IEEPA).

  16. Legal Challenge

    A coalition of importers and trade groups files suit in the Court of International Trade.

  17. Tariff Expansion

    Administration announces broad tariffs on multiple sectors citing national security.

  18. SCOTUS Review

    The Supreme Court agrees to hear the consolidated case challenging executive trade powers.

  19. Lower Court Injunction

    A federal trade court issues a preliminary injunction, halting the tariffs and citing executive overreach.

  20. SCOTUS Oral Arguments

    The Supreme Court hears arguments on the limits of executive emergency authority.

Stories mentioning Department of Commerce 9

Regulation Bearish

Trump Rebukes Supreme Court After Landmark Ruling Limits Executive Tariff Power

Former President Donald Trump has issued a sharp critique of the Supreme Court following a legal defeat that curtails the executive branch's authority to impose unilateral tariffs. The ruling marks a significant shift in international trade law, reinforcing the 'Major Questions Doctrine' and requiring clearer congressional authorization for economic interventions.

2 sources
Regulation Bearish

Trump Signs 10% Universal Tariff Order Following Major Judicial Setback

President Trump has issued an executive order imposing a 10% tariff on all imported goods, a sweeping move that follows a significant legal defeat in federal court. The order marks a pivot toward a universal trade policy as the administration seeks to bypass specific judicial constraints on previous trade actions.

5 sources
Regulation Neutral

SCOTUS Curbs Executive Tariff Power: A New Era for Trade Compliance

The U.S. Supreme Court has issued a landmark ruling curtailing the executive branch's authority to unilaterally impose broad tariffs under national security justifications. This decision reasserts congressional authority over international trade and triggers an immediate regulatory shift for global supply chains.

2 sources
Regulation Neutral

SCOTUS Strikes Down Sweeping Tariffs, Challenging Executive Trade Authority

The U.S. Supreme Court has invalidated a series of broad tariffs, ruling that the executive branch exceeded its delegated authority under trade laws. The decision marks a significant constitutional shift, reasserting Congressional oversight over international commerce and sparking immediate vows of retaliation from the White House.

2 sources
Regulation Bearish

Trump Signals Tariff Escalation Following Supreme Court Trade Authority Loss

Following a significant legal defeat at the Supreme Court regarding executive trade powers, President Trump has threatened to implement even higher global tariffs, including a proposed 10% baseline. The move signals an intensifying constitutional conflict over the limits of presidential authority in international commerce and regulatory policy.

3 sources
Regulation Bearish

Trump Signals 10% Global Tariff Shift Following Supreme Court Setback

President Trump has announced a sweeping 10% universal baseline tariff on all global imports, a move that follows a significant legal defeat in the Supreme Court. The proposal marks a dramatic escalation in protectionist policy and is expected to trigger immediate legal challenges regarding executive trade authority.

3 sources