Supreme Court strikes down Trump-era tariffs, raising implications for infrastructure costs
The U.S. Supreme Court invalidated tariffs imposed under President Trump, ruling that the executive exceeded its statutory authority, thereby reaffirming congressional limits on trade powers and affecting industries reliant on imported materials.
Key Highlights
- The Supreme Court found that the Trump administration's tariffs exceeded statutory authority, invalidating the duties.
- The decision limits the executive branch's ability to impose tariffs using emergency economic powers without congressional approval.
- Implications for water and wastewater industries include potential cost reductions for imported equipment and materials.