President Trump warns that a ruling against his administration’s use of emergency powers to impose tariffs could trigger a $3 trillion economic and national security catastrophe, arguing it would devastate U.S. industries like AI and automotive manufacturing. Trump proposes distributing $2,000 payments (“tariff dividends”) to lower- and middle-income Americans while using remaining revenues to slash the national debt, citing a surge in tariff-related tax income. The Supreme Court case hinges on whether Trump overstepped authority under the 1977 International Emergency Economic Powers Act (IEEPA). Critics warn a loss could limit future presidential emergency powers, while skeptics (like Justice Amy Coney Barrett) highlight…
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