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Supreme Court Weighs Emergency Tariff Power

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Created January 9, 2026

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Video Transcript

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The Supreme Court is deciding right now if the President can tax everything you buy just by

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declaring an emergency. This is a massive test of executive power. Trump used an old

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1977 emergency law to slap tariffs on almost every country, but lower courts

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shut it down, ruling that the power to regulate trade isn't the same as the power

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to tax it. If the Court agrees that this was an overreach, the government could

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owe businesses over one hundred billion dollars in refunds. This ruling defines exactly where the

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President's power ends and Congress's begins.

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