The US Supreme Court strikes down most of the global tariffs approved by Trump

After several weeks of delay, the Supreme Court has issued its long-awaited ruling on most of the tariffs implemented by Donald Trump’s government last year. The high court struck down most of the Republican’s global tariffs in a ruling with major implications for the global economy.

Last Monday, January 19, the Trump Administration already advanced its plan in case the Supreme Court annulled the levies. In an interview in the New York Times, Jamieson Greer, US trade representative, assured that the president would enact new tariffs almost immediately after the high court ruling.

In the middle of this month, the Republican pointed out that it would be “very disappointing” if the Supreme Court considered illegal the implementation of a large part of the tariffs that it activated last year with the legal parapet of the International Economic Emergency Powers Act (IEEPA) of 1977 and that were the pillar of the trade war launched against the partners of the first world economy.

Last August, after a lawsuit from two small importing companies, a Federal Circuit appeals court ruled that the Republican did not have the right to use this emergency law to impose the so-called “reciprocal tariffs”, which range between the 50% paid by Lesotho and the minimum base of 10% that the United Kingdom or most Latin American countries bear.

The court ruled that it could not use said rule to implement the 25% tax imposed on some products from Canada, China and Mexico, which Washington considers insufficient efforts to stop the entry of fentanyl into the United States.

However, it avoided freezing the application of tariffs to give the Federal Government time to take the case to the Supreme Court.

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