Analysts see ‘coin toss’ odds for Supreme Court tariff suit

The Supreme Court challenge of President Trump’s International Emergency Economic Powers Act tariffs is close to a “coin toss,” legal analysts say, giving a slight advantage to the challengers in part because the administration could quickly replace the current duties using other statutes and thus limit the policy impacts of a loss. However, they said during a Sept. 30 webinar hosted by the Budget Lab, Yale University’s non-partisan economic policy research center, such a decision could still set off a...