Connect with us

Hi, what are you looking for?

Business

Small Businesses Challenge Trump Tariffs in Supreme Court Showdown

A coalition of small businesses has brought a formidable challenge against former President Donald Trump’s tariffs, arguing that they represent an unlawful tax on American citizens. This legal battle, likened to a “David versus Goliath” scenario, has reached the Supreme Court, where the plaintiffs are advocating for the justices to uphold lower court rulings that deem the tariffs an overreach of presidential authority.

The businesses argue that Trump’s justification for implementing global reciprocal tariffs is a “breathtaking assertion of power.” Their brief, submitted to the Supreme Court on October 30, 2023, contends that “taxing Americans is an odd way to combat foreign threats.” The case centers on Trump’s application of the 1977 International Emergency Economic Powers Act to impose what he termed “Liberation Day” duties, a move the plaintiffs claim extends the law beyond its original intent and precedent.

Historically, the Constitution grants Congress the authority to impose tariffs. In recent decades, Congress has delegated certain powers to the executive branch, allowing the president to impose tariffs under specific circumstances. The businesses assert that when Congress has delegated its taxing authority, it has done so in clear terms. The legal arguments presented suggest that the tariffs amount to an illegal tax burdening Americans, estimated at a staggering $3 trillion.

In a show of political alignment, a group of Democrat-controlled states has filed their own brief in support of overturning the tariffs. They argue that Trump has overstepped his bounds by usurping Congress’s power to tax. “Congress, not the President, decides whether and how much to tax Americans who import goods from abroad,” the brief emphasizes. It calls on the Supreme Court to reject the president’s attempt to consolidate that power.

The Court of International Trade, a specialized panel that handles trade disputes, ruled against Trump, stating he does not possess “unbounded authority” to impose sweeping import taxes. The United States Court of Appeals for the Federal Circuit upheld this decision, setting the stage for the Supreme Court to address the crucial separation of powers issue at the core of the case.

A ruling against Trump could dismantle significant aspects of his economic policy, which has been a focal point of his administration. Advocates for the tariffs, including Solicitor General D. John Sauer, warn of dire economic repercussions if the Supreme Court mandates a refund of funds already collected through these tariffs. Sauer stated that this could lead to millions of job losses and jeopardize funding for vital programs like Social Security and Medicare.

Treasury Secretary Scott Bessent expressed concerns that the substantial amounts already collected from the tariffs might complicate the justices’ deliberations. The Supreme Court is scheduled to hear arguments in this pivotal case on November 5, 2023, with potential implications that could resonate across the economy and influence future presidential authority regarding trade.

As the legal landscape unfolds, the outcome remains uncertain, but the impact on small businesses and the broader economy is poised to be significant.

You May Also Like

Sports

The UFC event in Abu Dhabi on July 26, 2025, featured a record-breaking performance from Steven Nguyen, who achieved an unprecedented feat by knocking...

Entertainment

The upcoming Netflix series, Bon Appétit, Your Majesty, is making headlines due to a significant casting change just ten days before filming commenced. Originally...

Lifestyle

Shares of **Amerant Bancorp** (NYSE:AMTB) received an upgrade from Wall Street Zen on March 10, 2024, transitioning from a hold rating to a buy...

Entertainment

**Kat Izzo Defends Relationship with Dale Moss Amid Controversy** Kat Izzo, a contestant from the reality series *Bachelor in Paradise*, publicly affirmed her relationship...

Top Stories

UPDATE: Sydney Sweeney’s Baskin-Robbins advertisement is making waves online as backlash intensifies over her recent American Eagle campaign. Just days after critics condemned the...

Politics

King Charles has reportedly outlined specific conditions that Prince Harry must meet to facilitate a potential reunion with the royal family. Following a discreet...

Top Stories

BREAKING: The historic Durango-La Plata Aquatic Center, a cornerstone of community recreation since its opening in August 1958, is facing imminent demolition as part...

Entertainment

Erin Bates Paine, known for her role on the reality show Bringing Up Bates, was admitted to the Intensive Care Unit (ICU) following complications...

Top Stories

URGENT UPDATE: Affordable motorcycle helmets under ₹1000 are now available for safety-conscious riders across India. With road safety becoming a pressing issue, these helmets...

Top Stories

UPDATE: Chicago Cubs designated hitter Kyle Tucker may have just played his last game for the team as free agency approaches. Following the Cubs’...

Top Stories

UPDATE: Authorities have charged 27-year-old Steven Tyler Whitehead with murder following a tragic shooting that critically injured Kimber Mills, a senior cheerleader at Cleveland...

Business

An off-Strip casino in Las Vegas has unveiled Nevada’s latest sportsbook, Boomer’s Sports Book, as part of a substantial renovation. The new facility opened...

Copyright © All rights reserved. This website provides general news and educational content for informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the information presented. The content should not be considered professional advice of any kind. Readers are encouraged to verify facts and consult appropriate experts when needed. We are not responsible for any loss or inconvenience resulting from the use of information on this site.