Supreme Court to Weigh Legality of Trump's Global Trade Crackdown

Supreme Court to Decide on Legality of Trump's Global Tariffs The US Supreme Court has agreed to review the legality of President Donald Trump's global tariffs, imposed through an emergency economic powers act. The court will hear arguments in November, marking a significant test of Trump's presidential authority and his signature economic policy. Timeline: The Supreme Court announced its decision on Tuesday, setting an expedited timeline for the case. Arguments are scheduled to take place in the first week of November. Lower courts had previously ruled that Trump did not have the legal authority to enact the tariffs. Immediate Impact: If the Supreme Court upholds the lower court decisions, it could force the US to refund billions in tariffs collected from trading partners. The decision will have far-reaching implications for global trade and economies. Background Context: Trump invoked the International Emergency Economic Powers Act (IEEPA) to impose levies ranging from 10% to 50% on dozens of countries, including China, Mexico, and Canada. The move was seen as a key part of Trump's economic policy, aimed at protecting American industries. What Happens Next: The Supreme Court's decision will be closely watched by global leaders and economists. A ruling against the tariffs could have significant implications for international trade agreements and the global economy. *This story is developing. Information compiled from Bbc reporting.*