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Trump administration appeals court ruling that declared tariffs unconstitutional

Crypto Briefing
The Trump administration has appealed a federal ruling declaring its use of emergency powers to impose tariffs unconstitutional, risking $107 billion in revenue.

Summary

The Trump administration is seeking Supreme Court review after the U.S. Court of Appeals for the Federal Circuit ruled 7-4 that the use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs is unconstitutional. The court determined that IEEPA was intended for sanctions rather than trade policy, placing approximately $107 billion in customs revenue collected since February 2025 at risk of reimbursement. The administration argues that trade imbalances and immigration constitute national emergencies, but the judiciary largely maintains that the law lacks explicit congressional authorization for such tariffs.

(Source:Crypto Briefing)