SCOTUS Strikes Down Trump's IEEPA Tariffs
February 22, 2026·3 days ago·via Thailand Business News
The US Supreme Court rules 6-3 that President Trump's use of the International Emergency Economic Powers Act to slap reciprocal tariffs on imports is unconstitutional, handing a win to Congress's authority over trade and curbing executive overreach. Thai exporters face massive disruption, with warnings of market turmoil, refund battles for billions in tariffs already paid, and forced business overhauls as cases shift to the Court of International Trade.
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