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The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court.
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If anything, Friday opened a new chapter in Trump's ongoing tariffs drama and raised urgent questions about his ability to make good on his promises of an economic revival.
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The administration has been preparing for months for the possibility that the Supreme Court would rule against the president and developed contingency plans.
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The Supreme Court's decision Friday to strike down the majority of tariffs imposed by President Trump could provide some relief to L.A.'s trade-reliant economy — but only if they are not reimposed again through other means.
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Supreme Court checks Trump's expansive view of executive power TradingView
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Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy Reuters
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Wall Street indexes end higher as Supreme Court rules against Trump tariffs TradingView
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The Supreme Court's decision to invalidate many of President Trump's tariffs raised questions about what would become of agreements struck with major U.S. trading partners.
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Trump told reporters that his administration will impose new tariffs by using alternative legal means.
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New Fox News poll shows 63% of voters disapprove of Trump's tariff handling despite record revenue surge of over 300% since taking office this year.
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Some Republicans quietly celebrate the Supreme Court's decision blocking most of President Trump's tariffs, calling it a win for Congress' authority.
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President Donald Trump reportedly slammed the Supreme Court's ruling that he does not have the authority to impose tariffs under the IEEPA.
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