Insight: Supreme Court IEEPA Tariff Ruling Has Mixed Impact on Autos, Semiconductors

Despite IEEPA “Liberation Day” tariffs, other tariffs remain on the automotive and technology sectors and leave a uncertain landscape in the forecast.

While many are hailing the US Supreme Court’s 6-3 majority decision striking down President Donald Trump’s IEEPA “Liberation Day” tariffs, other tariffs remain in place that affect the automotive and technology industries. Additionally, the administration has signaled that it intends to re-impose tariffs under other executive authorities, in particular Section 122. These new strategies will certainly face legal challenges, making for an uncertain and volatile trade outlook in the coming year.