Piper Sandler claims that President Trump's trade deals and tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are illegal and exceed Congressional powers. The investment bank expects a 9-0 Supreme Court ruling against Trump. Lower courts, including the U.S. Court of International Trade, have shown resistance to Trump's claims of unlimited executive authority, with recent rulings against his use of IEEPA. Oral arguments on this matter are expected to continue through September, with various appellate courts anticipated to issue rulings in the coming months.
Piper Sandler asserts that President Trump's use of the International Emergency Economic Powers Act (IEEPA) for tariffs and trade deals exceeds Congressional authority, likely leading to Supreme Court defeats.
A unanimous ruling by the U.S. Court of International Trade against Trump's tariff application under IEEPA demonstrates significant judicial resistance to the administration's expansive claims of executive power.
Collection
[
|
...
]