SCOTUS Rules IEEPA Does Not Authorize the President to Impose Tariffs
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SCOTUS Rules IEEPA Does Not Authorize the President to Impose Tariffs
Posted on Feb 20
By: Brian Walczyk, Compliance Manager, TradeInsights, LCB, CCS
The Supreme Court of the United States (SCOTUS) issued its opinion today, Feb 20, on the closely monitored IEEPA case.
SCOTUS held that the President cannot use IEEPA to impose tariffs.
“Held: IEEPA does not authorize the President to impose tariffs.”
The court ruled 6-3 that the statute does not confer any tariff-setting authority.
We will continue to monitor this situation and issue updates as needed. Please contact your V. Alexander account team, or you may also contact our Trade Compliance team at tradeinsights@valexander.com with any questions, and you can always follow us on our website www.valexander.com for updates on this and other topics.