Overview
- Oral arguments on Wednesday will consider consolidated challenges by small businesses and 12 states to the administration’s use of IEEPA to levy broad tariffs.
 - President Trump said he will skip the hearing to avoid creating a distraction, after previously floating an unprecedented appearance.
 - A 7–4 Federal Circuit decision held many of the IEEPA-based tariffs unlawful, though the measures remain in force during the appeal.
 - American importers have paid nearly $90 billion under the contested tariffs as of late September, raising the prospect of complex refund questions if the measures are struck down.
 - The ruling could reshape executive trade powers, while sector‑specific duties imposed under other laws such as Section 232 are not directly at issue.