Last mentioned: 2d ago
Projected Expiration
The 150-day statutory limit for Section 122 tariffs is reached unless extended by Congress.
Executive Response
VP JD Vance criticizes the ruling; President Trump announces a pivot to Section 122.
Section 122 Order
Trump signs an executive order for a 10% global tariff surcharge effective immediately.
Supreme Court Ruling
The SC strikes down IEEPA-based tariffs in a 6-3 decision, citing executive overreach.
The US Supreme Court ruled 6-3 that the executive branch cannot use the IEEPA to impose broad-based tariffs, leading the Trump administration to immediately pivot to Section 122 of the Trade Act of 1974. This shift introduces a 10% global tariff surcharge and a new 150-day window of regulatory uncertainty for global supply chains.
The U.S. Supreme Court has issued a landmark ruling striking down emergency tariffs implemented by the Trump administration, citing an overreach of executive authority. While the decision provides immediate relief to global supply chains, the court's failure to define the limits of presidential trade powers creates a period of prolonged regulatory uncertainty for manufacturers and logistics providers.