Following the Supreme Court’s decision last week to strike down many of President Donald Trump’s worldwide tariffs, Senate Minority Leader Charles E. Schumer has made a vow: His conference will “block” attempts to extend those new tariffs past their expiration date this summer.
Friday’s 6-3 ruling found that Trump overstepped the emergency authority Congress gave to presidents in the International Emergency Economic Powers Act of 1977, or IEEPA, wiping out many of the sweeping tariffs imposed by the administration on global trading partners since last year.
On Saturday, Trump announced he was increasing a 10 percent replacement import fee to 15 percent, using Section 122 of the Trade Act of 1974. That authority expires 150 days after implementation — specifically on July 24. After that, it would be up to Congress to extend them.
