Trump does not have the power to decide on the tariff policy! US Supreme Court’s decision is a big blow

The days of spinning a stick on foreign countries with customs policy are over! President Donald Trump was dealt a major blow by the US Supreme Court’s ruling. On Friday, in a case related to Trump’s tariff policy, the country’s top court clarified that he does not have the power to impose new tariffs at the international level without the approval of the US Congress while sitting in office. What he did is completely illegal. This decision of the US Supreme Court will naturally have a major impact on the international economy. More importantly, the question is what will happen to the changes that have come as a result of Trump’s tariffs or the new trade agreements based on them.

A nine-judge bench of the US Supreme Court led by Chief Justice John Roberts reviewed Trump’s tariffs on Friday. If the vote is taken, the result is 6-3. That is, more votes are against the customs policy. After that, the Chief Justice said, “The President does not have the power to impose huge tariffs on imports in a single decision without the permission of the US Congress on the grounds of emergency.” What he did, he abused his power.” Referring to the International Emergency Economic Powers Act of 1977 or IEEPA, the justices said that the law did not give the president the power to make any decision alone. Absolutely not in terms of taxation. The US Congress, not the President alone, has the power to decide what percentage of tariffs can be imposed on any product imported from any country. It is believed that as a result of this decision of the US Supreme Court, the Trump government will have to refund a large amount of money to importers.

Referring to the International Emergency Economic Powers Act or IEEPA of 1977, the justices said that the law did not give the president the power to make any decision alone. Absolutely not in terms of taxation. The US Congress, not the President alone, has the power to decide what percentage of tariffs can be imposed on any product imported from any country. It is believed that as a result of this decision of the US Supreme Court, the Trump government will have to refund a large amount of money to importers.

This judgment of the Supreme Court undoubtedly increased the complexity. US trade deals in particular. Will those like India, who signed the deal after virtually negotiating with Trump, benefit? The big question is whether President Trump’s dictatorial and aggressive attitude will easily accept this decision of the Supreme Court or try to establish the sole power of the President by walking the path of amending the Constitution. However, so far there has been no response from Donald Trump or the White House.