US President Donald Trump On Friday reacted sharply after the Supreme Court struck-down his sweeping tariffs. The POTUS termed the apex court's decision as 'disgrace'.
According to CNN, Trump made the remark while hosting the White House breakfast with governors.
Trump was meeting privately with nearly two dozen governors from both parties when the decision was released.
Citing Trump, one of the people said that Trump stated he has a backup plan in mind. The White House did not immediately respond to a request for comment.
The 6-3 decision centres on tariffs imposed under an emergency powers law, including the sweeping “reciprocal” tariffs he levied on nearly every other country.
“The tariffs at issue here may or may not be wise policy. But as a matter of text, history, and precedent, they are clearly lawful,” Kavanaugh wrote in the dissent.
The majority did not address whether companies could get refunded for the billions they have collectively paid in tariffs. Many companies, including the big-box warehouse chain Costco, have already lined up to demand refunds in lower courts. Kavanaugh noted the process could be complicated.
“The Court says nothing today about whether, and if so how, the Government should go about returning the billions of dollars that it has collected from importers. But that process is likely to be a mess,' as was acknowledged at oral argument,” he wrote.
The tariffs decision doesn't stop Trump from imposing duties under other laws. While those have more limitations on the speed and severity of Trump's actions, top administration officials have said they expect to keep the tariff framework in place under other authorities.
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