https://www.taxtmi.com/news?id=54653 The administration has asked the Supreme Court for expedited review to reverse an appeals court holding that most of the President's tariffs are an unlawful exercise of emergency powers. The appeals court majority found the emergency powers statute does not permit the President to displace Congress's taxing and tariff-setting authority; the dispute involves two sets of tariffs justified by emergency declarations, alternative statutory paths for tariffs, and potential refund liability to the Treasury. en-us Thu, 04 Sep 2025 19:31:04 +0530 Thu, 04 Sep 2025 19:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54653 The administration has asked the Supreme Court for expedited review to reverse an appeals court holding that most of the President's tariffs are an unlawful exercise of emergency powers. The appeals court majority found the emergency powers statute does not permit the President to displace Congress's taxing and tariff-setting authority; the dispute involves two sets of tariffs justified by emergency declarations, alternative statutory paths for tariffs, and potential refund liability to the Treasury. News - Thu, 04 Sep 2025 19:31:04 +0530 https://www.taxtmi.com/news?id=54653