Overview

• Trump said a ruling in his favor would give the U.S. “tremendous power to negotiate” and claimed tariffs helped him resolve “seven wars.”
• He also urged that Ukraine’s Volodymyr Zelenskyy make a deal with Vladimir Putin and pressed Europe to halt purchases of Russian oil to gain leverage.
• The Supreme Court agreed to hear the consolidated tariff challenges in the first week of November and to expedite the case.
• A Federal Circuit panel in August concluded the International Emergency Economic Powers Act does not authorize the sweeping duties, but the tariffs remain in place under existing stays.
• The contested measures include the April 2 “Liberation Day” tariffs and levies on China and India, with challengers saying the duties have nearly bankrupted them and the administration warning that lifting them now would risk severe economic harm.