Last mentioned: 2d ago
Tariff Expiration
Projected expiration of Section 122 tariffs unless Congressional extension is granted.
CBP Collection Halt
Customs and Border Protection must cease collection of duties imposed solely under IEEPA authority.
SCOTUS Final Decision
The Supreme Court issues its 6-3 ruling in Learning Resources, Inc. v. Trump, invalidating the tariffs.
SCOTUS Ruling
The Supreme Court strikes down IEEPA tariffs as an illegal use of emergency powers.
Section 122 Announcement
Trump signs executive order for a 10% global tariff under the 1974 Trade Act.
CIT Preliminary Ruling
In AGS Co. Auto. Sols. v. U.S. Customs, DOJ indicates it would not oppose refunds if tariffs are found unlawful.
IEEPA Tariffs Imposed
Trump administration levies reciprocal tariffs on global partners, including Canada.
IEEPA Tariffs Imposed
The Trump Administration introduces tariffs on Canada, Mexico, and China citing drug trafficking and trade imbalances.
The U.S. Supreme Court has ruled 6-3 that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are illegal, nullifying President Trump's previous 35% levies. While Canadian CUSMA-compliant exports remain largely unaffected, Trump's immediate pivot to Section 122 of the 1974 Trade Act introduces new 150-day global tariffs and fresh regulatory uncertainty.
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.
The U.S. Supreme Court has invalidated President Trump's use of the 1977 International Emergency Economic Powers Act (IEEPA) to impose broad global tariffs. In a 6-3 decision, the court ruled that the executive branch exceeded its delegated authority, reasserting Congressional control over international trade policy.