Supreme Court Weighs Emergency Tariff Power
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The Supreme Court is deciding right now if the President can tax everything you buy just by
declaring an emergency. This is a massive test of executive power. Trump used an old
1977 emergency law to slap tariffs on almost every country, but lower courts
shut it down, ruling that the power to regulate trade isn't the same as the power
to tax it. If the Court agrees that this was an overreach, the government could
owe businesses over one hundred billion dollars in refunds. This ruling defines exactly where the
President's power ends and Congress's begins.
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