The US Supreme Court has delivered a major setback to Trump’s economic policy, holding that IEEPA does not authorise tariffs. However, customs duties under other statutes persist and are likely to grow. Filed under Global USA Company & Commercial Tax Trade & Customs Topics Customs Litigation Supply chain Tariffs Organisations Costco Toyota Laws International Emergency Economic Powers Act 1977 (USA) Trade Expansion Act 1962 (USA) Courts Supreme Court of the United States US Court of International Trade