US Supreme Court justices (SCOTUS) ruled 6 to 3 in favor of striking down President Trump’s sweeping trade tariffs on Friday, finding these policies were not authorized under IEEPA (International Emergency Economic Powers Act). Trump called the decision “deeply disappointing” at a press conference earlier today while planning to push for new 10% global tariffs as an alternative.
Yahoo Finance spoke to a variety of policy experts and legal professionals following this announcement. Watch the video above to hear insights from guests like:
Pangaea Policy Founder Terry Haines
Former Assistant US Attorney Nick Akerman (formerly an assistant special prosecutor on the Watergate Special Prosecution Force)
Yahoo Finance Washington Correspondent Ben Werschkul
Akerman was also an assistant To watch more expert insights and analysis on the latest market action, check out Yahoo Finance.
For more on the Supreme Court’s tariff ruling, check out these videos:
Trump responds to SCOTUS tariff ruling: It’s ‘deeply disappointing’
Supreme Court tariff ruling: Here’s everything you need to know
SCOTUS tariff ruling: Markets need to understand ‘2 things’
Trump tariffs ‘overstepped’ constitutional bounds: Ex-Watergate prosecutor
What the tariff ruling means for already-negotiated trade deals
SCOTUS ruling: What a remedy to Trump tariffs could look like
Could Trump use a reconciliation bill to push for new tariffs?