Overview
- The Court did not include the tariffs case in Tuesday’s releases, leaving the timing of a ruling on IEEPA tariff authority uncertain.
- USTR Jamieson Greer said the administration would start reconstituting duties the next day if its IEEPA tariffs are struck down.
- Treasury Secretary Scott Bessent said it is very unlikely the Court will overturn the tariffs and cast them as a national security measure.
- Trump threatened new tariffs on eight European allies tied to a proposed Greenland purchase, drawing a coordinated rebuke, and trade attorneys say the legality of such measures hinges on the IEEPA ruling.
- Lower courts found the IEEPA-based tariffs exceeded statutory limits, potential refunds for importers remain an open question, and officials are signaling fallback use of tools such as Section 232 and other trade authorities.