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Tariffs, the cost of living, immigration: The president has a careful line to walk on major issues.
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The Supreme Court struck down President Donald Trump's sweeping tariffs on Friday in a 6-3 vote. The justices ruled that the tariffs — which were imposed by a series of executive orders — exceeded presidential powers under a 1977 law that gives the president authority to regulate commerce only in the case of international emergencies. The ruling takes away a "leverage power tool by Trump," says Lori Wallach, director of the Rethink Trade program at the American Economic Liberties Project. "He's furious about it, because a court that's been otherwise willing to expand his authority endlessly drew a line."
Trump called the ruling a "disgrace" and responded Friday by announcing a new 10% global tariff — which he increased to 15% Saturday.
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