AssetID: 55246949
Headline: UNCAPTIONED: Supreme Court Weighs Trump's Tariff Powers
Caption: Supreme Court Weighs Trump’s Tariff Powers. The Supreme Court heard arguments challenging President Trump’s broad use of tariffs during his second term. Conservative and liberal justices alike questioned whether Trump had legal authority to impose tariffs without Congress. The case hinges on the 1977 International Emergency Economic Powers Act (IEEPA) and its scope of presidential power. Trump’s team argues that economic threats and trade deficits qualify as national emergencies under the law. Opponents say IEEPA never mentions tariffs and that Congress never intended to hand over such sweeping power. Justices raised concerns that Trump’s tariffs might function as taxes, which only Congress can authorize. The ruling could affect around $90 billion in collected tariffs and potentially up to $1 trillion if delayed. The White House signaled it is preparing backup plans in case the Supreme Court rules against Trump. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Trump tariffs,Supreme Court,IEEPA,presidential authority,trade policy,U.S. Constitution,John Roberts,Amy Coney Barrett,Neil Gorsuch,national emergency,tariff law,Congress,import taxes,economic policy,White House,trade deficit,oral arguments,judicial review,U.S. economy,international trade
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