๐บ๐ธโ๏ธ #TRUMP โs Global Tariffs Ruled Illegal โ Supreme Court Showdown Looms ๐๐ฅ
(As of Aug 31, 2025)
๐จ A US federal appeals court has ruled that most of Donald Trump's global tariffs are illegal, declaring he exceeded his authority by using emergency powers to justify a 10% import duty on nearly every country.
๐งพ The ruling, passed 7โ4, said the 1977 IEEPA law (meant for sanctions in emergencies) โdoes not mention tariffsโ and tax powers belong to Congress, not the President.
๐ Tariffs stay in place only till October 14, giving Trump time to appeal to the Supreme Court.
๐ฌ Trump blasted the decision on Truth Social, calling it โhighly partisanโ and warning it could โdestroy the USAโ economically.
๐ Whatโs at stake?
๐ If SC upholds the ruling:
Businesses may demand billions in refunds
Trade deals with allies like ๐ฏ๐ต๐ฌ๐ง๐ฐ๐ท could face disruption
Markets may wobble as uncertainty grows
๐ If overturned:
Trump could regain political momentum
May use broader emergency powers on trade
๐ฐ So far, tariffs have brought in $159B for the US Treasuryโdouble from last year. Repeal could cause massive financial fallout.
๐ ๏ธ What options does Trump have?
Limited power via Trade Act 1974 (max 15% for 150 days)
Or Section 232 (steel/aluminum), but needs Commerce Dept. approval
โณ Countdown to October begins. The next move lies with the Supreme Court.
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Thankyou ๐
