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At close · Thu, Jul 9, 2026
Daily Market Updates.

Global Markets

Supreme Court struck down Trump import duties tied to IEEPA

Reported · Written up by our desk · North America

CNBC Markets reports that Trump argued the IEEPA law would allow him to impose tariffs on nearly every country, including Spain.

The outlet added that the Supreme Court struck down those import duties.

Sources

CNBC MarketsTrump can halt trade with Spain using law behind scrapped tariffs: Greer
CNBC WorldTrump can halt trade with Spain using law behind scrapped tariffs: Greer

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