Overview

• Oral arguments in V.O.S. Selections v. Trump are set for July 31 before the U.S. Court of Appeals for the Federal Circuit in Washington, D.C.
• The challenged measures impose a 10% baseline tariff on most imports alongside higher levies targeting trade imbalances and fentanyl trafficking.
• Five small businesses and a coalition of states contend that the IEEPA lacks clear congressional authorization for tariffs and exceeds emergency powers.
• After the U.S. Court of International Trade struck down the tariffs in May, the Federal Circuit reinstated them under a temporary stay pending review.
• The appeals court’s decision could prompt a Supreme Court appeal and determine future executive authority over U.S. trade policy.