The US Supreme Court just struck down President Trump’s ability to set tariff rates with other countries. The vote was 6 to 3. I never could figure the Constitutional basis that gave Trump this power. Yes, it was good from a fiscal point of view, but …
This ruling essentially told the do-nothing Congress, this characterization is true of both parties, that they must do their job. Congress has been a broken and failed institution for my entire adult life and then some.
Trump has proved that tariffs can be an effective way to generate revenue, they were for most of the country’s history and could be again. The Court has said that Congress needs to lead. Constitutionally, that is a correct statement, but in reality, it is not likely to happen.
This ruling is also good because the Court is politely saying that rule by Executive Order must have limitations. If Congress had any genitals, rule by Executive Order would be illegal.