Last mentioned: 1d ago
SCOTUS Final Ruling
The Supreme Court issues its 6-3 decision upholding the tariffs and affirming broad executive power over trade.
Appellate Ruling
The D.C. Circuit Court of Appeals issues a split decision, leading to an emergency appeal to the Supreme Court.
Legal Challenge Filed
A coalition of trade groups files a lawsuit in the Court of International Trade challenging the use of IEEPA for broad tariffs.
Tariff Implementation
Executive order signed establishing a 10% universal baseline tariff on all U.S. imports.
The Supreme Court has affirmed the President's broad authority to impose universal tariffs under the International Emergency Economic Powers Act (IEEPA). This landmark decision cements the 10% baseline tariff, forcing a permanent shift in global sourcing and nearshoring strategies for U.S. importers.