Supreme Court rules some Trump tariffs unlawful in 6-3 decision
The U.S. Supreme Court invalidated key elements of Donald Trump's tariff policies, ruling that broad import duties require explicit congressional approval, affecting industries reliant on global supply chains, including water treatment sectors.
Key Highlights
- The Supreme Court's decision limits presidential authority to impose broad tariffs without explicit congressional approval under the IEEPA.
- This ruling could lead to refunds for duties paid under invalidated tariffs and influence future trade policy debates.
- Industries relying on imported water treatment chemicals and equipment may face changes in costs and supply chain stability.