U.S. Supreme Court Rejects Bid to Invalidate Tariffs on Steel Products

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U.S. Supreme Court,Tariffs,Steel Products

The U.S. Supreme Court has declined to hear an appeal by an American steel importer, PrimeSource Building Products, to invalidate tariffs on certain steel products. The importer argued that former President Donald Trump exceeded his authority in imposing the tariffs in 2020. The tariffs, which were put in place on national security grounds, are now defended by President Joe Biden's administration.

SaltWire's Atlantic regional weather forecast for October 30, 2023 | SaltWireWASHINGTON - The U.S. Supreme Court on Monday declined to hear an American steel importer's bid to invalidate tariffs on certain steel products based on the argument that former President Donald Trump exceeded his authority in imposing them in 2020.

The justices turned away an appeal by Irving, Texas-based PrimeSource Building Products of a lower court's decision to uphold a 25% tariff on some steel derivatives, such as nails and fasteners, put in place by Trump on national security grounds and now defended by President Joe Biden's administration.

 

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