Today’s decision by the U.S. Supreme Court striking down most of President Trump’s sweeping import tariffs under the International Emergency Economic Powers Act (IEEPA) is not only the right decision, it is a profound economic relief for American businesses and consumers alike.
In a 6-3 decision, the Court made clear what many CEOs have been saying for months, publicly and privately: the tariff gambit was not only unlawful, but it has been counterproductive, as well as harmful to American businesses and the economy.
