President Trump’s IEEPA tariffs Supreme Court ruling could potentially reshape international trade. On November 5, the Supreme Court will hear two consolidated cases – Learning Resources v. Trump and Trump v. V.O.S. Selections. In V.O.S. Selections vs Trump, the US Court of Appeals argues that the IEEPA does not authorize sweeping tariffs. Trump recently used the IEEPA (International Emergency Economic Powers Act) to impose reciprocal tariffs for most US importers. Due to the situation’s urgency, the Supreme Court agreed to review the case on an expedited schedule. The outcome of the ruling may significantly impact trade for shippers and the US government. What Are The Major Risks for Trade From Trump’s IEEPA Tariffs Supreme Court Ruling? The Supreme Court’s ruling has various risks, including redefining presidential authority over trade and policy. If the court rules against the Trump administration, the scope of what presidents can do under IEEPA may ...
A1 Worldwide Logistics specializes in freight forwarding, customs brokerage, warehousing and shipping providing personalized ONE on ONE service to help individuals and businesses through the logistics process. With a team that has over decades of experience in the industry, A1WWL has established itself as a trusted partner to stakeholders worldwide.