The Supreme Court ruled that the executive branch of government doesn’t have the power to levy tariffs under the International Emergency Economic Powers Act (IEEPA), which was passed in 1977. The Act authorizes the Executive Branch (president) to use the law “ to deal with any unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security, foreign policy, or economy of the United States, if the president declares a national emergency with respect to such threat .” A separate provision of the law provides that when...
