WASHINGTON (AN) — In a constitutional showdown over the power to tax, the U.S. Supreme Court considered a landmark legal challenge to the executive branch's authority to levy sweeping tariffs.
The outcome of the court's hearing on the arguments in the case on Wednesday could test the stability of the global trading system and compound the institutional crisis at the World Trade Organization, primarily concerning the U.S.'s adherence to international trade law principles and the stability of global trade relations.
