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Will SCOTUS Scrapping of Trump Tariffs Impact India? Economist Jeffrey Sachs Shares His Views

Автор: CNBC-TV18

Загружено: 2026-02-20

Просмотров: 3145

Описание: BREAKING NEWS LIVE: US Supreme Court Strikes Down Trump Tariffs | Trump Tariffs | N18G
WASHINGTON — Delivering a major blow to President Donald Trump, the Supreme Court on Friday ruled that he exceeded his authority when imposing sweeping tariffs using a law reserved for a national emergency.
The justices, divided 6-3 held that Trump's aggressive approach to tariffs on products entering the United States from across the world was not permitted under a 1977 law called the International Emergency Economic Powers Act (IEEPA).
The ruling was authored by Chief Justice John Roberts, who was joined by three liberal justices and two fellow conservatives, Justices Neil Gorsuch and Amy Coney Barrett, in the majority.


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