Overview
- President Trump used a Saturday Truth Social post to defend his tariff program, label critics “evil, American hating forces,” and ask supporters to pray for a favorable ruling.
- The Supreme Court heard arguments in early November on whether the International Emergency Economic Powers Act authorizes sweeping duties, with justices pressing skeptical questions to Solicitor General John Sauer.
- Plaintiffs are challenging the administration’s reliance on IEEPA for “trafficking” duties tied to fentanyl concerns and for “reciprocal” tariffs aimed at trade deficits.
- Tariff receipts have surged, including a record $34.2 billion in October and $215.2 billion collected in fiscal year 2025, according to Treasury figures reported by Fox Business.
- U.S. Trade Representative Jamieson Greer said he expects a decision before year‑end, and the administration has promoted a potential one‑time $2,000 dividend funded by tariff revenue.