President Donald Trump’s Treasury Secretary Scott Bessent appeared to give his verdict on the $2000 rebate checks after the Supreme Court ruled on ‘Liberation Day’ tariffs on Friday. Speaking during an interview, the official said that Americans ‘won’t see it’, referring to the rebate payment. Donald Trump, during a news conference in the James S. … Read more
The US Supreme Court struck down some of Donald Trump’s tariffs on foreign imports, which have become a hallmark of the chaos of the second Trump administration. The court’s ruling deals specifically with duties levied using a law called the International Emergency Economic Powers Act (IEEPA), something no other president has done — the 1977 … Read more
President Donald Trump has invoked an alternative tariff, Section 122 of the Trade Act of 1974, to reinstate 10% global tariff after the U.S. Supreme Court ruled against his earlier tariff actions. US President Donald Trump speaks during a press conference to discuss the Supreme Court’s ruling against a major part of his tariffs, spokeswoman … Read more
President Donald Trump’s economic agenda was handed a massive blow on Friday, after the Supreme Court struck down the ‘Liberation Day’ tariffs in a 6-3 vote. The apex court stated that Trump exceeded his authority in imposing tariffs, and the International Emergency Economic Powers Act (IEEPA) ‘does not authorize the President to impose tariffs’. US … Read more