Originally published at: What the IEEPA SCOTUS Ruling Means for American Freight - FreightWaves
The Supreme Court ruled 6-3 that IEEPA does not authorize the President to impose tariffs. Within hours, the White House invoked Section 122 of the Trade Act of 1974 to impose a new 10% global surcharge, later raised to 15%. Up to $175 billion in collected duties now sits in legal limbo. Section 232 tariffs on steel, aluminum, and heavy trucks remain untouched. For the freight industry, the ruling didn’t end the trade war. It changed the weapons.