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The Latest Breaking News from the Supreme Court

Trump Emergency Tariffs Declared Illegal; US to End Collections

The U.S. Customs and Border Protection (CBP) has announced that it will halt the collection of certain tariffs imposed under the International Emergency Economic Powers Act (IEEPA) beginning 12:01 a.m. EST (0501 GMT) on Tuesday, February 24, following a landmark ruling by the Supreme Court of the United States.

Whats Hot

US futures, bitcoin fall and Asian markets are mixed after the Supreme Court nixes Trump's tariffs

U.S. futures have dropped and Asian shares are mostly higher after the Supreme Court struck down most of President Donald Trump’s sweeping tariffs

The Independent UK

C-SPAN Sets Record Straight After Viral Clip Had Viewers Believing Donald Trump Called In With A Fake Name

We finally have some answers.

Cinemablend

From analysis to the latest developments in health,
read the most diverse news in one place.

Putting Trump's Backlash Against The Tariff Ruling In Context

In Learning Resources v. Trump, the Supreme Court invalidated President Trump's global tariffs by a 6-3 vote. Almost immediately, Trump… The post Putting Trump's Backlash Against The Tariff Ruling In Context appeared first on Reason.com.

Reason

“This is a win for the wallets”: Schumer praises Supreme Court ruling for tearing out Trump’s tariffs

The Constitution gives Congress, not the President, the authority to issue taxes and tariffs.

We Got This Covered

Who is Victor Schwartz? Small wine importer who challenged Trump’s tariffs and won

Victor Schwartz, owner of New York-based wine importing firm VOS Selections, is the small business owner who emerged as the unlikely face of the legal battle that led to the Supreme Court of the United States striking down US President Donald Trump’s sweeping emergency tariffs.

The Times of India

Who is 'John Barron' from Virginia who called CSPAN to rant about Supreme Court's tariff decision in Trump style? 'This can't be real'

A caller who claimed to be John Barron from Virginia as he spoke to CSPAN after the Supreme Court struck down President Donald Trump's tariffs is going viral because the Internet is impressed by the near-perfect impersonation of President Donald Trump. Trump in the 1980s and '90s used the alias…

The Times of India

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JPMorgan Chase Sees $150B–$200B Refund Risk After Trump Tariff Setback

JPMorgan warns the U.S. could owe up to $200 billion in tariff refunds after the Supreme Court struck down key Trump emergency trade duties.

International Business Times

'Trade deficits distinct from BOP deficits': Gita Gopinath backs Neal Katyal on Trump’s 15% tariff move

Former IMF chief economist Gita Gopinath has backed Indian-American lawyer Neal Katyal in questioning US President Donald Trump’s decision to impose a 15 per cent global tariff.

The Times of India

Supreme Court Says Trump Tariffs Are Illegal. So What Happened and What's Next?

We've been covering the evolution of related cases with the US International Trade Court that were waiting for this decision, and it all goes together.

RideApart

SCOTUS vs POTUS: Who really runs America? A throwback to the (in)famous tug-of-wars

'You can't always get what you want ... '

The Times of India

Government seeking ‘best deal possible’ for UK firms over US tariffs – minister

Education Secretary Bridget Phillipson acknowledged businesses face ‘uncertainty’ after the move.

Evening Standard

‘If tariffs are such a good idea…’: Indian-origin lawyer Neal Katyal challenges Trump’s 15% global levy

Neal Katyal, the Indian-origin lawyer who successfully challenged President Donald Trump’s sweeping global tariffs at the US Supreme Court has now cast fresh doubt on the legality of the administration’s new 15 per cent import levy.

The Times of India

Annotating President Trump's Press Conference About The Tariffs Ruling

Much has been written about President Trump's press conference in the wake of Learning Resources. The Wall Street Journal Editorial… The post Annotating President Trump's Press Conference About The Tariffs Ruling appeared first on Reason.com.

Reason

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The Times of India

'So it's a loss then?': Moment Donald Trump learnt of Supreme Court's tariff blow mid-meeting

Supreme Court dealt a significant blow to President Trump's global tariff policy, striking it down in a 6-3 decision. Trump, reportedly seething, called the ruling a "disgrace" and "unpatriotic," criticizing even his own appointees. This marks a major policy reversal for the administration, potentially forcing a new legal strategy for…

The Times of India

Watch: Donald Trump, Melania Trump host governors' dinner at White House

President Trump attended the Governors' Dinner amid controversy, with several Democratic governors boycotting due to exclusions from a prior White House session. The event, attended only by Republican governors and officials, concluded early after the Supreme Court struck down Trump's tariff policy, a significant blow to his agenda.

The Conversation

Trump hikes global tariffs to 15% as the fallout from Supreme Court loss continues

US President Donald Trump has announced the United States will increase baseline tariffs on imports from all countries to 15%, as the fallout continues from a seismic Supreme Court ruling on Friday.

Fortune

The Supreme Court's landmark tariff decision is the latest defeat 'piercing President Trump's seeming invincibility'

"This is significant at a time that the president seeks to head into midterm elections with a head full of steam."

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Reason

Trump on the Supreme Court's Tariff Decision

It wasn't the Court's opinion that is an "embarrassment."

Evening Standard

US President Trump raises global tariffs to 15% day after Supreme Court ruling

Britain’s biggest business organisation, the British Chamber of Commerce, warned the move by the US president would deal a further blow to UK businesses

Fortune

Trump's plan B to impose new tariffs is also illegal because a balance-of-payments deficit doesn't exist, trade experts say

"A balance of payments deficit is not the same thing as a trade deficit."

Reason

My New Atlantic Article About Our Win in the Tariff Case

It covers many issues raised by the decision.

The Independent UK

Trump vows to raise worldwide tariffs to 15% ‘effective immediately’

Supreme Court ruled on Friday that Trump’s sweeping global tariffs, ushered in under the International Emergency Economic Powers Act, were unlawfully imposed

We Got This Covered

So what happens after Trump’s tariffs die? Don’t expect a refund check — yet

At this point, it is all just a big "mess."

Axios

Trump raises global tariffs to 15% one day after Supreme Court decision

The president is upping the ante by raising the tariffs to the highest limit allowed under a separate trade law.

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