Or is he really that dumb think ok they blocked tariffs on all the countries on my list. So I will one up them by doing a global tariff. Explain to me the thinking behind that? Sorry you have to debase yourself to understand Trump mind. no sarcasm.
I think this is an ELI5 question. The Supreme Court squashed all of Trumps sweeping tariffs. Then Trump comes along saying 10 percent global tariff isn't that what the SC just squashed?
8 months ago by Don_Dickle to c/explainlikeimfive
explainlikeimfive
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explainlikeimfive
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As I understand it, there are several laws that allow for imposing tarrifs, each with differing requirements for justification and how large the tariff can be.
The International Emergency Economic Powers Act (IEEPA) is one that the administration has cited as the law granting the authority for many of the tariffs imposed by this administration.
The tarrifs imposed under IEEPA are the ones that the Supreme Court were addressing with this ruling. Basically saying that the law does not give the president as much authority as he claimed, making those terrifs illegal.
Tarrifs that the administration claims are authorized under different laws will have to be the subject of separate legal claims.
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