Source: Independent Institute
by Phillip W Magness & Marc Wheat
“On February 19, the Supreme Court ruled in Learning Resources v. Trump that the International Emergency Economic Powers Act (IEEPA) does not confer upon the president the power to impose tariffs. Obviously prepared for the loss, in the same news cycle, the president announced a 10 percent tariff under Section 122, which he increased to 15 percent only hours later. The problem? Section 122 does not empower the president to impose these tariffs either.” (03/03/26)
https://www.independent.org/article/2026/03/03/section-122-tariffs-wont-work-either/