Overview
- The Court issued opinions this week but set no date for decisions on the tariff cases, and it released no upcoming opinion schedule on Thursday.
- President Trump warned on Truth Social that a loss would be a "complete disaster," predicting massive refunds that he said could reach into the trillions of dollars.
- Trump invoked the International Emergency Economic Powers Act in February and April 2025 to impose tariffs, including measures targeting China, Canada and Mexico as well as broader "reciprocal" rates.
- Lower courts ruled that the IEEPA does not authorize at least some of these tariffs, and the Supreme Court took up related cases including V.O.S. Selections, Inc. v. United States and Learning Resources, Inc. v. Trump.
- During November oral arguments, justices from across the Court questioned the legality of using the IEEPA for tariffs, and an adverse ruling could trigger refund claims from importers and other businesses.