President Trump’s economic agenda took a hit on Friday, after the Supreme Court struck down “Emancipation Day” definitions.
President Donald Trump’s economic agenda took a hit on Friday, after the Supreme Court struck down “Emancipation Day” definitions in a 6-3 vote. The Supreme Court stated that Trump exceeded his authority in imposing the tariffs, and that the International Emergency Economic Powers Act (IEEPA) “does not authorize the President to impose tariffs.”
Which Trump tariffs have been rescinded and which are still in effect?
However, the ruling does not affect sector-specific tariffs that Trump imposed separately on imports of steel, aluminum and various other goods. Friday’s decision upends a set of tariffs the president imposed using IEEPA. This includes the “Emancipation Day” tariffs the president imposed on nearly every country in the world last spring, as well as other IEEPA-based tariffs he imposed on Canada, Mexico and China.
FOLLOW: Trump tariffs live updates: No word from the president or the White House as the US Supreme Court strikes down Trump’s global tariffs
Many definitions still apply. Trump used Section 232 of the Trade Expansion Act of 1962 to impose sectional tariffs on steel, aluminum, automobiles, copper, wood, and products such as kitchen cabinets around the world.
What definitions have disappeared?
- “Basic” tariff of 10% on all trading partners (liberation day tariffs)
- High “reciprocal” customs duties on dozens of countries
- Drug trafficking tariffs on Canada (25%), Mexico (25%) and China
What are the remaining definitions?
- Section 232 Definitions: Section 232 definitions are import duties imposed under the Trade Expansion Act of 1962, allowing the President to restrict imports, typically steel and aluminum, if the Commerce Department deems they pose a threat to national security.
- Section 301 Definitions: Section 301 definitions are punitive duties imposed by the U.S. Trade Representative (USTR) under the Trade Act of 1974, targeting foreign trade practices deemed unfair, such as the theft of intellectual property or forced technology transfer.
- Any definitions imposed under other legal authorities
Read more: US Supreme Court overturns Trump’s tariff orders: Does this mean no tariffs on India?
Trump responds
Sources told The Associated Press that President Trump called the Supreme Court ruling a “disgrace” when he was informed during his morning meeting with several state governors.
Federal data show the Treasury Department had collected more than $133 billion in import taxes imposed by the president under the Emergency Powers Act as of December. The impact over the next decade is estimated at $3 trillion.
(with AP input)
Yash Bajaj is a Senior Content Producer with a strong foundation in US coverage, digital strategy and audience-focused storytelling. As part of the US desk of Hindustan Times, he covers a wide range of topics – from American politics to sports (NFL, NBA, derbies, MLB and more). Before joining Hindustan Times, Yash was deputy news editor at Times Now, where he oversaw international coverage and led a team of six. In this role, he dramatically expanded global traffic through strategic planning, SEO-driven content execution, and careful tracking of cross-platform trends. He has experience managing high-pressure breaking news shifts, coordinating live coverage, and building newsroom systems that improve speed, accuracy, and reach. Before joining Times Now, Yash held a position at Opoyi, where he headed the US and Sports News team. He has developed broad editorial strategies, mentored reporters across multiple industries, and played a key role in recruiting and training new talent. His responsibilities also extended to social media management and experimenting with innovative content formats. Yash holds a Bachelor’s degree in Mass Communication (Journalism) from the Faculty of Human Resources, University of Mumbai. His interests extend beyond the newsroom: he is an avid explorer of AI tools, a movie buff with an ever-growing watchlist, and someone who enjoys debunking conspiracy theories for fun.Read more
Stay up to date with US news covering politics, crime, weather, local events, and sports highlights. Get the latest news on Donald Trump and American politics with your 2026 horoscope.
