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Trump’s Tariff Powers Face Supreme Court Challenge, Raising Fears of Trade Turmoil

The U.S. Supreme Court’s skeptical questioning of former President Donald Trump’s global tariffs has fueled speculation that his trade measures may be struck down, potentially upending the already fragile trade landscape.

The case centers on Trump’s use of the 1977 International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs on imports. The law grants presidents broad authority to regulate trade during national emergencies but makes no mention of tariffs, raising constitutional questions about the limits of executive power.

During oral arguments on Wednesday, justices across the ideological spectrum except Samuel Alito and Clarence Thomas appeared doubtful that Trump had legal authority to levy such blanket global tariffs.

Trade experts now warn that if the court invalidates Trump’s tariff policy, it could trigger a new wave of economic uncertainty, as the administration is expected to pivot quickly to other trade laws to reimpose duties.

Why It Matters

The outcome of this case could reshape U.S. trade policy for years. Businesses have paid over $100 billion in IEEPA-related tariffs since 2025, and a ruling against Trump could open a complex refund battle or force the White House to seek alternative legal pathways for its protectionist agenda.

Corporate leaders, already weary of erratic trade shifts, say a ruling either way offers little stability. “Even if it goes against IEEPA, the uncertainty still continues,” said David Young of the Conference Board, who briefed dozens of CEOs after the hearing.

Trump Administration: Faces potential legal defeat but can pivot to Section 232 (Trade Expansion Act of 1962) or Section 122 (Trade Act of 1974), both of which allow temporary or national security-based tariffs.

U.S. Supreme Court: Balancing presidential powers with statutory limits on trade actions.

Businesses & Importers: Risk being caught in regulatory limbo over refunds and future duties.

Federal Reserve: Monitoring potential economic fallout from prolonged trade instability.

Refunds Could Get “Messy”

Justice Amy Coney Barrett raised concerns about how refund claims would be handled if the tariffs are ruled illegal, calling it “a mess” for courts to manage.
Lawyer Neal Katyal, representing five small businesses challenging the tariffs, said only those firms would automatically receive refunds, while others must file administrative protests a process that could take up to a year.

Customs lawyer Joseph Spraragen added that if the court orders refunds, the Customs and Border Protection’s automated system could process them, but he warned, “The administration is not going to be eager to just roll over and give refunds.”

Economic and Policy Repercussions

Analysts expect the administration to rely on alternative statutes if IEEPA tariffs are overturned. However, implementing new duties under those laws could be slow and bureaucratic, potentially delaying trade certainty until 2026.

Natixis economist Christopher Hodge said such a ruling would be only a “temporary setback” for Trump’s trade agenda, predicting renewed tariff rounds or trade negotiations in the coming year.

Meanwhile, Federal Reserve Governor Stephen Miran warned the uncertainty could act as a drag on economic growth, though it might also prompt looser monetary policy if trade instability dampens business confidence.

What’s Next

A Supreme Court ruling is expected in early 2026, leaving companies in limbo over the future of U.S. tariff policy.
If Trump’s powers under IEEPA are curtailed, analysts expect a new wave of trade maneuvers potentially invoking national security provisions to maintain his “America First” economic approach, prolonging the climate of global trade unpredictability.

With information from Reuters.

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EU to match U.S. steel tariffs, raising angst among U.K. companies

Stephane Sejourne, European Commission’s executive vice-president for prosperity and industrial strategy, said Tuesday during a press conference that a move to raise EU steel tariffs is an effort to protect the steel industry in Europe. Photo by Christophe Petit Tesson/EPA

Oct. 7 (UPI) — The European Union has announced it will match President Donald Trump‘s tariffs on steel, causing the United Kingdom’s steel industry to quake.

The new tariffs would cause a crisis in the U.K. steel industry, as 80% of British exports are to the EU, according to a lobbying group representing the sector. Unions said the tariffs could kill the industry, The Guardian reported.

The European Commission’s plan would sharply cut the amount of steel that can be imported to the EU without tariffs to 18.3 million tons a year, an almost 50% drop, and would almost double the tariff rate to 50%.

The EU’s goal is to cut down on global overcapacity, which brings cheap steel from China and hurts steel jobs in Europe, the New York Times reported. It is also a reaction to Trump’s tariffs on EU steel, which could increase the likelihood that global producers will send their steel to Europe, flooding the market.

“Global overcapacity is damaging our industry,” European Commission President Ursula von der Leyen said in a statement.

“We have global overcapacity, unfair competition, state aid, and undercutting in prices, and we are reacting to that,” Stéphane Séjourné, the European Commission’s executive vice president for prosperity and industrial strategy, said at a news conference at the European Parliament in Strasbourg, France. “Eighteen thousand jobs were lost in the steel sector in 2024. That’s too many, and we had to put a stop to that.

“The European steel industry was on the verge of collapse — we are protecting it so that it can invest, decarbonize, and become competitive again,” Séjourné said.

U.K. Prime Minister Keir Starmer told reporters during a flight to India that officials were in discussions with the EU about the tariffs, according to The Guardian.

“In relation to the question of tariffs or other measures, as you’d expect, we are in discussions with the EU about this, as we’re in discussions with the U.S. about it,” Starmer said. “So I’ll be able to tell you more in due course, but we are in discussions as you’d expect.”

The U.K. government took control of Chinese-owned plants in Scunthorpe, England, earlier this year, while Liberty Steel plants in Rotherham and Stocksbridge, England, fell into government control last month.

U.K. industry minister Chris McDonald said it was “vital” to “protect trade flows between the U.K. and EU” and that he would meet with industry leaders on Thursday. He said he was “pushing the European Commission for urgent clarification of the impact of this move on the U.K.”

Charlotte Brumpton-Childs, U.K. national officer with the GMB trade union, called the tariffs a “hammer blow” that “could end steelmaking in the U.K. if safeguards aren’t secured,” according to The Guardian.

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Trump H1-B visa changes aimed at raising billions, protecting U.S. jobs

1 of 3 | President Donald Trump is instituting two major changes to the H-1B visa process, including the introduction of a so-called “gold card,” the U.S. Department of Labor confirmed in a media release. Photo by Bonnie Cash/UPI | License Photo

Sept. 20 (UPI) — President Donald Trump is instituting two major changes to the H-1B visa process, including the introduction of a so-called “gold card,” the U.S. Department of Labor confirmed in a media release.

Trump signed a pair of executive orders, one of which will institute a $1 million fee for high-skilled workers who pay the amount themselves, with the amount doubling to $2 million if the rate is paid by the person’s employer.

The second order will see the creation of a $100,000 fee for successful H-1B visa applicants.

Both changes were dubbed Project Firewall by the administration, which says the moves are meant to “safeguard the rights, wages, and job opportunities of highly skilled American workers.”

“This program will raise more than $100 billion, which we’ll use for cutting taxes and paying down debt,” Trump said in the Oval Office after signing the executive orders.

“They’re going to spend a lot of money to come in. We need great workers. And this pretty much ensures that this is what’s going to happen.”

Typically, there are 85,000 of the H-1B visas issued each year with a large number going to people working for tech giants such as Amazon and Microsoft, government data shows.

Employers must certify that workers looking to secure one of the visas will be paid a salary similar to what a U.S. citizen would be and that the company is unable to find an American to fill the role.

Prior to the executive order, an employer could pay a $215 registration fee to enter a lottery to claim one of the 85,000 annually issued visas.

“The Trump Administration is standing by our commitment to end practices that leave Americans in the dust. As we reestablish economic dominance, we must protect our most valuable resource: the American worker. Launching Project Firewall will help us ensure no employers are abusing H-1B visas at the expense of our workforce,” U.S. Secretary of Labor Lori Chavez-DeRemer said in a statement on the department’s website.

“By rooting out fraud and abuse, the Department of Labor and our federal partners will ensure that highly skilled jobs go to Americans first.”

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Biden chooses Delaware for his presidential library as his team turns to raising money for it

Former President Biden has decided to build his presidential library in Delaware and has tapped a group of former aides, friends and political allies to begin the heavy lift of fundraising and finding a site for the museum and archive.

The Joe and Jill Biden Foundation this past week approved a 13-person governance board that is charged with steering the project. The board includes former Secretary of State Antony Blinken, longtime adviser Steve Ricchetti, prolific Democratic fundraiser Rufus Gifford and others with deep ties to the one-term president and his wife.

Biden’s library team has the daunting task of raising money for the 46th president’s legacy project at a moment when his party has become fragmented about the way ahead and many big Democratic donors have stopped writing checks.

It also remains to be seen whether corporations and institutional donors that have historically donated to presidential library projects — regardless of the party of the former president — will be more hesitant to contribute, with President Trump maligning Biden on a daily basis and savaging groups he deems left-leaning.

The political climate has changed

“There’s certainly folks — folks who may have been not thinking about those kinds of issues who are starting to think about them,” Gifford, who was named chairman of the library board, told The Associated Press. “That being said … we’re not going to create a budget, we’re not going to set a goal for ourselves that we don’t believe we can hit.”

The cost of presidential libraries has soared over the decades.

The George H.W. Bush library’s construction cost came in at about $43 million when it opened in 1997. Bill Clinton’s cost about $165 million. George W. Bush’s team met its $500 million fundraising goal before the library was dedicated.

The Obama Foundation has set a whopping $1.6 billion fundraising goal for construction, sustaining global programming and seeding an endowment for the Chicago presidential center that is slated to open next year.

Biden’s library team is still in the early stages of planning, but Gifford predicted that the cost of the project would probably “end up somewhere in the middle” of the Obama Presidential Center and the George H.W. Bush Presidential Library and Museum.

Biden advisers have met with officials operating 12 of the 13 presidential libraries with a bricks and mortar presence that the National Archives and Records Administration manages. (They skipped the Herbert Hoover library in Iowa, which is closed for renovations.) They’ve also met Obama library officials to discuss programming and location considerations and have begun talks with Delaware leaders to assess potential partnerships.

Private money builds them

Construction and support for programming for the libraries are paid for with private funds donated to the nonprofit organizations established by the former president.

The initial vision is for the Biden library to include an immersive museum detailing Biden’s four years in office.

The Bidens also want it to be a hub for leadership, service and civic engagement that will include educational and event space to host policy gatherings.

Biden, who ended his bid for a second White House term 107 days before last year’s election, has been relatively slow to move on presidential library planning compared with most of his recent predecessors.

Clinton announced Little Rock, Arkansas, would host his library weeks into his second term. Barack Obama selected Jackson Park on Chicago’s South Side as the site for his presidential center before he left office, and George W. Bush selected Southern Methodist University in Dallas before finishing his second term.

One-termer George H.W. Bush announced in 1991, more than a year before he would lose his reelection bid, that he would establish his presidential library at Texas A&M University after he left office.

Trump was mostly quiet about plans for a presidential library after losing to Biden in 2020 and has remained so since his return to the White House this year. But the Republican has won millions of dollars in lawsuits against Paramount Global, ABC News, Meta and X in which parts of those settlements are directed for a future Trump library.

Trump has also accepted a free Air Force One replacement from the Qatar government. He says the $400 million plane would be donated to his future presidential library, similar to how the Boeing 707 used by President Ronald Reagan was decommissioned and put on display as a museum piece, once he leaves office.

Others named to Biden’s library board are former senior White House aides Elizabeth Alexander, Julissa Reynoso Pantaleón and Cedric Richmond; David Cohen, a former ambassador to Canada and telecom executive; Tatiana Brandt Copeland, a Delaware philanthropist; Jeff Peck, Biden Foundation treasurer and former Senate aide; Fred C. Sears II, Biden’s longtime friend; former Labor Secretary Marty Walsh; former Office of Management and Budget director Shalanda Young; and former Delaware Gov. Jack Markell.

Biden has deep ties to Pennsylvania but ultimately settled on Delaware, the state that was the launching pad for his political career. He was first elected to the New Castle County Council in 1970 and spent 36 years representing Delaware in the Senate before serving as Obama’s vice president.

The president was born in Scranton, Pennsylvania, where he lived until age 10. He left when his father, struggling to make ends meet, moved the family to Delaware after landing a job there selling cars.

Working-class Scranton became a touchstone in Biden’s political narrative during his long political career. He also served as a professor at the University of Pennsylvania after his vice presidency, leading a center on diplomacy and global engagement at the school named after him.

Gifford said ultimately the Bidens felt that Delaware was where the library should be because the state has “propelled his entire political career.”

Elected officials in Delaware are cheering Biden’s move.

“To Delaware, he will always be our favorite son,” Gov. Matt Meyer said. “The new presidential library here in Delaware will give future generations the chance to see his story of resilience, family, and never forgetting your roots.”

Madhani writes for the Associated Press.

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Apple TV+ is raising its subscription price by 30%

Apple TV+, home of series including “The Studio” and “Ted Lasso,” is raising its subscription price by $3 to $12.99 a month, it announced Thursday.

The move comes as many streamers have been raising their prices, as the cost of production increases and the businesses are facing more pressure by investors to increase profits.

Apple TV+ launched in 2019 at $4.99 a month, positioned as a low-cost perk for people to watch high-quality shows and movies with a free trial if they bought Apple products such as iPhones and iPads. Since then, the streamer has raised its prices, mostly recently in October 2023 from $6.99 to $9.99.

Like other tech giants, Apple has faced scrutiny from the Trump administration on its U.S. manufacturing presence. Earlier this year, when the Trump administration proposed increasing tariffs, some analysts were concerned about the adverse effect that would have on Apple’s iPhone business, which makes iPhones in China.

Since then, Apple has increased its commitment to manufacturing in the U.S., most recently pledging an additional $100 billion in U.S. manufacturing.

If Apple continues to face pressure on major businesses including the iPhone, it could cause the company to look at other aspects of its business that aren’t drawing as much revenue, analysts have said.

In March, tech and business news site the Information reported that Apple TV+ is losing significant amounts of money. Analysts have long viewed Apple TV+ as part of the company’s larger push into services to go along with its hardware.

While Apple TV+ is increasing its monthly subscription price, it is not raising its $99.99 annual price or the cost of bundling Apple TV+ with other services through Apple One, the company said in a statement.

Apple declined to say how many subscribers Apple TV+ has or the reasons behind the monthly subscription price increase. The streaming service is part of Apple’s larger services category, which brought in $27.4 billion in revenue in its fiscal third quarter, up 13% from a year earlier.

Unlike other major streaming platforms, Apple TV+ does not offer an ad-supported version of its service.

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