"The news comes after the US supreme court agreed on Tuesday to decide the legality of Donald Trump's sweeping global tariffs, setting up a major test of one of the Republican president's boldest assertions of executive power that has been central to his economic and trade agenda. The justices took up the justice department's appeal of a lower court's ruling that Trump overstepped his authority in imposing most of his tariffs under a federal law meant for emergencies."
"The court acted swiftly after the administration last week asked it to review the case, which involves trillions of dollars in customs duties over the next decade. The court, which begins its next nine-month term on 6 October, placed the case on a fast track, scheduling oral arguments for the first week of November. The justices also agreed to hear a separate challenge to Trump's tariffs brought by a family-owned toy company, Learning Resources."
The US Supreme Court agreed to decide the legality of Trump's global tariffs and took the Justice Department's appeal of a lower court ruling that most tariffs exceeded presidential authority. The case involves trillions of dollars in customs duties over the next decade and was placed on a fast track with oral arguments scheduled for the first week of November. The justices also agreed to hear a separate challenge from toy maker Learning Resources. The US Court of Appeals ruled on 29 August that invoking the 1977 International Emergency Economic Powers Act (IEEPA) constituted overreach. The tariffs remain in effect during the appeal. Reports indicate Washington may mirror EU tariffs on China and India.
Read at www.theguardian.com
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