Drew

So there's this othering of the economy.

And Kalashi just announced that the U.S.

housing market has reached its most unaffordable level in history ever.

This tariff thing is breaking.

This is a report CNN confirmed it, NBC News.

The justices divided 6-3 held that Trump's aggressive approach to tariffs on products entering the United States from across the world was not permitted under a 1977 law called the International Emergency Economics Power Act, IEEPA.

The ruling was authored by Chief Justice John Roberts, who was joined by three liberal judges and two fellow conservatives.

Justice Neil Gorsh and Amy Coney Barrett in this majority.

So three conservatives, three liberal justices, and then the other three justices, also conservative, Justice Clarence Brett and Samuel Alito all said yes for it.

The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration and scope, Roberts wrote.

But the president and the Trump administration points to no stature in which Congress has previously said that the language in the IEPA could apply to tariffs, he added.

As such, we hold that IEPA does not authorize the president to impose tariffs.

It is a rare setback for the administration at the Supreme Court, which has a 6-3 conservative majority since Trump began his second term in January.

They gave him the blessing on deporting people, even to other people's countries.

And then this is, I think, the first L he actually publicly took.

But this is this is big.

I want to jump back into the article.

The decision does not affect all of Trump's tariffs, leaving in place ones he imposed on steel and aluminum using different laws.

But it upends the tariffs in two categories.

One in country by country or reciprocal tariffs, which range from 34 percent for China to 10 percent baseline for the rest of the world.