Trump's 'Liberation Day' tariffs struck down: India's tariff rate down to 10%, how the revised duty would work and more

The Supreme Court ruled with a 6-3 majority that the Trump administration exceeded its legal authority by using the International Emergency Economic Powers Act (IEEPA) to impose broad-based tariffs without congressional approval. 

Trump's 'Liberation Day' tariffs struck down: India's tariff rate down to 10%, how the revised duty would work and more
The Supreme Court ruled with a 6-3 majority that the Trump administration exceeded its legal authority by using the International Emergency Economic Powers Act (IEEPA) to impose broad-based tariffs without congressional approval. 

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