President Donald Trump has warned that a Supreme Court ruling against his ability to impose tariffs would be "devastating" and cost the country $3 trillion.

Why It Matters

The Supreme Court is weighing up whether Trump has the authority to impose the wide-reaching raft of tariffs that have become a linchpin of his administration's foreign policy. Lower courts have deemed the economic measures an overreach of power by the president without Congressional approval.

The Supreme Court’s decision could redefine the balance of power between the White House and Congress and set a precedent for how far presidents can go in invoking "national emergencies" to pursue economic or foreign-policy goals.

The court started hearing arguments on November 5.

What To Know

A ruling against the administr

See Full Page