In a clear rebuke to President Donald Trump’s tariff policies, the Supreme Court ruled on February 20 that many of his tariffs—those that invoked the International Emergency Economic Powers Act (IEEPA)—were unconstitutional. The statute does not authorize the use of tariffs. Moreover, as the ruling emphasized, the president does not have authority to tax. The power to tax, including the imposition of tariffs, lies instead with the US Congress, in the unambiguous words of the US Constitution. Undeterred, the president has now turned to another legal authority, Section 122 of the Trade Act of 1974, which allows ... (full story)