The Supreme Court Isn’t a Rubber Stamp
Of all the kingly and capricious powers that Donald Trump enjoys exercising as president, the ability to threaten arbitrarily large tariffs is his favorite. Who could ever forget “Liberation Day” in April 2025, when America declared economic warfare on the rest of the world? Or, at least it was his favorite power—before the Supreme Court ruled today that many of the tariffs he had imposed in the past year were illegal.