Supreme Court Backs Bankruptcy Trustee In Time-Limited Void Challenge

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The Supreme Court, in a 6-3 decision, struck down the tariffs on Friday, ruling that Trump lacked the statutory authority under the International Emergency Economic Powers Act to implement broad trade penalties without explicit congressional authorization.

The case has drawn significant attention as a legal rebuke of a key element of the administration’s trade policy.

Vice President JD Vance sharply criticized the Supreme Court decision, calling the ruling “lawlessness” in a social media post on Friday.

In a post on X, Vance said the court’s interpretation “decided that Congress, despite giving the president the ability to ‘regulate imports,’ didn’t actually mean it,” and described the ruling as “lawlessness from the Court, plain and simple.”

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