US Tariff Changes Stemming from Supreme Court Decision: Implications for Transfer Pricing Compliance
In a landmark ruling on February 20, 2026, the U.S. Supreme Court (SCOTUS) invalidated several tariffs previously imposed under the International Emergency Economic Powers Act (IEEPA). The Court determined that the executive branch exceeded its statutory authority by utilizing emergency powers to implement broad, revenue-raising import levies without specific Congressional authorization. This decision directly nullifies […]