"The Supreme Court has scheduled to hear the case in November, lightning fast by its typical standards. The United States Supreme Court has granted an unusually quick hearing on whether President Donald Trump has the power to impose sweeping tariffs under federal law. The justices said on Tuesday that they will hear arguments in November, which is lightning fast by the typical standards of the nation's highest court."
"They say Trump illegally used emergency powers to set import taxes on goods from almost every country in the world, nearly driving their businesses to bankruptcy. The justices also agreed to hear a separate challenge to Trump's tariffs brought by a family-owned toy company, Learning Resources."
"Trump has made tariffs a key foreign policy tool, using them to renegotiate trade deals, extract concessions and exert political pressure on countries. Revenue from tariffs totalled $159bn by late August, more than double what it was at the same point a year earlier. The Trump administration asked the justices to intervene quickly, arguing the law gives him the power to regulate imports"
The Supreme Court scheduled November arguments to determine whether President Trump has authority under federal law to impose sweeping tariffs, on an accelerated timetable. Small businesses and states challenging the tariffs agreed to the fast schedule, alleging illegal use of emergency powers to set import taxes on goods from almost every country and near-bankruptcy of affected businesses. The court will also hear a separate challenge from Learning Resources. Two lower courts found most tariffs illegally imposed while a 7-4 appeals court left them temporarily in place. The levies stem from a trade war, generated $159bn by late August, and raise questions about expansive presidential authority.
Read at www.aljazeera.com
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