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Supreme Court Confronts Trump’s Power to Disrupt Global Economy
President Donald Trump has worked fast in his second term, wielding unilateral power to reassert American dominance in the global economy. For a few hours Wednesday, the world will get clues as to whether any US institution is willing to rein him in. In a high-stakes legal showdown, the Supreme Court will consider arguments that Trump exceeded his constitutional authority with many of the sweeping tariffs he has imposed on goods from around the world. Hanging in the balance are tens of billions of dollars in duties now paid monthly by American importers, and Trump’s ability to reshape global flows of goods and ... (full story)
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With the Supreme Court about to hear a landmark case on President Donald Trumps tariffs, Treasury Secretary Scott Bessent said Tuesday that there are other options in case of defeat. The high court is set Wednesday to decide whether Trump exceeded his authority under the International Emergency Economic Powers Act to enact sweeping duties on U.S. trading ...
From think.ing.com | Nov 5, 2025
Back in May, a US federal court, the Court of International Trade, delivered a landmark ruling that US President Donald Trump overstepped his authority by imposing tariffs under the International Emergency Economic Powers Act (IEEPA). The Supreme Courts ruling will ultimately decide the case. Trump has justified the bulk of his tariff announcements by ...