SCOTUS Kills IEEPA Tariffs, 10% Tariffs Take Effect

The Supreme Court just delivered a 6-3 smackdown to executive overreach, ruling that President Trump's IEEPA tariffs on imports from China, Canada, Mexico, and others exceed presidential powers under the 1977 law. Chief Justice Roberts wrote that IEEPA's vague language on "regulating importation" doesn't authorize unbounded tariffs, invoking the major questions doctrine to protect Congress's constitutional taxing authority. Read more about this...