Tag: supreme

The US Supreme Court issued a 6-3 ruling striking down major parts of President Donald Trump’s sweeping global tariffs, determining they exceeded executive authority under the Constitution. Indian-origin lawyer Neal Katyal, representing small businesses, argued successfully that only Congress can impose such taxes

The US Supreme Court is set to deliver rulings on Friday, January 9, 2026, including the legality of President Trump’s extensive global tariffs imposed under the 1977 IEEPA law. If declared unlawful, the administration may refund over $133.5 billion to importers. A separate bipartisan bill threatens 500% duties on Russian imports, potentially targeting nations like India, China, and Brazil buying