The 6-3 decision centers on tariffs imposed under an emergency powers law, including the sweeping \u201creciprocal\u201d tariffs he levied on nearly every other country.<\/a><\/p>\n\n\n\nIt’s the first major piece of Trump’s broad agenda to come squarely before the nation’s highest court, which he helped shape with the appointments of three conservative jurists in his first term.<\/p>\n\n\n\n
The majority found that the Constitution \u201cvery clearly\u201d gives Congress the power to impose taxes, which include tariffs. \u201cThe Framers did not vest any part of the taxing power in the Executive Branch,\u201d Chief Justice John Roberts wrote.<\/p>\n\n\n\n
Justices Samuel Alito, Clarence Thomas and Brett Kavanaugh dissented.<\/p>\n\n\n\n
\u201cThe tariffs at issue here may or may not be wise policy. But as a matter of text, history, and precedent, they are clearly lawful,\u201d Kavanaugh wrote in the dissent.<\/p>\n\n\n\n
The majority did not address whether companies could get refunded for the billions they have collectively paid in tariffs. Many companies, including the big-box warehouse chain Costco, have already lined up for refunds in court, and Kavanaugh noted the process could be complicated.<\/p>\n","protected":false},"excerpt":{"rendered":"
However it only effects the “emergency” tariffs. The 6-3 decision centers on tariffs imposed under an emergency powers law, including the sweeping \u201creciprocal\u201d tariffs he levied on nearly every other country. It’s the first major piece of Trump’s broad agenda to come squarely before the nation’s highest court, which he helped shape with the appointments […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,9],"tags":[],"class_list":["post-15555","post","type-post","status-publish","format-standard","hentry","category-economics-and-politics","category-investing-and-business"],"_links":{"self":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/15555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15555"}],"version-history":[{"count":1,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/15555\/revisions"}],"predecessor-version":[{"id":15556,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/15555\/revisions\/15556"}],"wp:attachment":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}