Trump can't charge even $1 in tariff from countries under IEEPA: US Supreme Court

US Supreme Court's verdict on Donald Trump's reciprocal and fentanyl tariffs said IEEPA, the law under which he imposed the tariffs, allows him to deal with foreign threats during national emergencies. "Context and common sense buttress that interpretation of IEEPA," the ruling noted, adding, "The President could...block all Chinese imports but cannot order even a $1 tariff on Chinese imports."