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The high court delivered a stinging rebuke to the key pillar of the president's second-term economic agenda.
US Supreme Court justices (SCOTUS) ruled 6 to 3 in favor of striking down President Trump's sweeping trade tariffs on Friday, finding these policies were not authorized under IEEPA (International Emergency Economic Powers Act). Nick Akerman, former Assistant US Attorney of the Southern District of New York, weighs in on the constitutionality and legality of Trump's tariff policies. Akerman was also an assistant special prosecutor on the Watergate Special Prosecution Force. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.