The U.S. Supreme Court ruled that the emergency power law does not equate to tariff authority.

United Press Today reported: "The White House confirmed that, after the Supreme Court's ruling, the tariffs related to the U.S. government's actions based on previous executive orders and citing the International Emergency Economic Powers Act will no longer be effective."

Comment: The U.S. Supreme Court clearly defined the boundaries with a 6:3 ruling: the Emergency Powers Act does not equal tariff authority, and the president cannot bypass Congress and use the "national emergency" as an excuse to impose taxes globally. Trump will next change the legal basis, circumvent the ruling, and continue to impose tariffs: introduce new provisions to reintroduce global tariffs.

Original article: toutiao.com/article/1857705383779338/

Statement: This article represents the views of the author alone.