The Supreme Court should liberate us from ‘liberation day’
In April, President Trump imposed tariffs on imports from every nation in the world, claiming an emergency warranted those new taxes. He called it “liberation day.” This week, the Supreme Court will decide whether the International Emergency Economic Powers Act authorizes the president to tax imports. That is how the administration has framed the two cases before the court.
But to see the issue this way unduly minimizes what is at stake. The government’s reading enables the executive to tax everything under the sun. The Supreme Court should extricate us from this misreading of the International Emergency Economic Powers Act and the burgeoning rule by executive fiat.