On Wednesday, the Supreme Court heard oral arguments in the consolidated cases of Learning Resources, Inc. v. Trump and Trump v. V.O.S. Selections, Inc., both of which challenged some of the president’s authority to unilaterally issue foreign duties. Trump has justified his broad “reciprocal tariffs” on U.S trading partners by declaring a national emergency under the International Emergency Economic Powers Act (IEEPA), which prompted the legal challenges. The court’s decision could set the precedent for presidential authority over trade and the use of emergency powers.
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