TrendMacro conversation with the Liberty Justice Center, the public interest law firm that beat the tariffs in the Supreme Court

The Supreme Court's ruling was especially powerful in its simplicity: tariffs are taxes, and there is nothing in IEEPA that gives a president to power to impose taxes. The SCOTUS decision effectively becomes law on March 17, and then the Court for International Trade and the Court of Appeals for the Federal District can start enforcing the refunds the government promised to make as a precondition for being allowed to collect the tariffs in the first place. The government will likely not even have the opportunity to argue against it. The Center's TERRA project is in place to help small businesses get refunds, even if they used intermediary customs agents. The president's remaining tariff powers are slow and weak. Section 122 global tariffs will expire in early July, and it would take Congress to renew them -- with the mid-terms, 100 days away then, that's an impossibility. Section 301 tariffs are a cumbersome administrative process with many opportunities for tariff opponents to slow them down and fight them.