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Supreme Court Sets Nov. 5 Arguments on Trump’s Tariffs

The case tests whether the emergency‑sanctions law IEEPA authorizes sweeping, revenue‑raising import duties.

Overview

  • The justices placed the tariff dispute on the November argument calendar, moving other cases to accommodate the Nov. 5 hearing.
  • Briefing is expedited, with the administration’s opening brief due Friday and the challengers’ briefs due roughly a month later.
  • In a 7–4 ruling, the Federal Circuit concluded IEEPA does not clearly authorize the tariffs, yet a stay keeps the duties in effect during the appeal.
  • The challenges were brought by five small businesses and 12 Democratic-led states, with a related suit from toy-maker Learning Resources also before the court.
  • Analysts warn that an adverse ruling for the administration could trigger refunds in the tens of billions and lower average effective U.S. tariff rates.