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Al Jazeera

U.S. President Donald Trump announces new 10% global levy

Al Jazeera · 1 month ago
Al Jazeera
Al Jazeera
1 month ago

The Supreme Court of the United States said the President cannot impose certain tariffs alone; that power belongs to Congress.

Breakdown
  • Supreme Court rules president cannot impose tariffs without Congress 12s
  • Justice Gorsuch emphasizes Congress alone can levy taxes 29s
  • Over 1,000 companies seek to reclaim $200 billion in tariffs 50s
  • Ruling applies to tariffs under the International Emergency Economic Powers Act 1m 9s
  • Supreme Court reaffirms balance of power among government branches 1m 25s
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