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Victor Schwartz

Victor Schwartz

Founder, VOS Selections

Appears in 1 story

Stories

The $130 billion question: can presidents impose tariffs without Congress?

Rule Changes

Lead plaintiff challenging tariffs

A small wine importer and a toy company are forcing the Supreme Court to answer a question that could redefine presidential power: Can the president slap tariffs on the entire world without Congress? Trump used emergency powers law to impose tariffs collecting $130 billion, courts said he overstepped, and now the justices will decide if emergency powers mean what they've always meantβ€”or something radically new.

Updated Jan 5