Nearly a year ago, Trump announced his “Liberation Day” tariffs, slapping high import taxes on goods from countries around the world. The sweeping tariffs hurt the New York-based wine importer VOS Selections, one of several plaintiffs that challenged the Trump administration in court, arguing the president lacked the ability to impose the tariffs under the International Emergency Economic Powers Act.

Today, the Supreme Court agreed, ruling that many of President Trump’s tariffs are unconstitutional. NPR’s Scott Detrow talks with NPR Chief Economics Correspondent Scott Horsley and NPR Legal Affairs Correspondent Nina Totenberg about the court’s decision and what it means for businesses and consumers.

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This episode was produced by Tyler Bartlam, with audio engineering from Ted Mebane. It was edited by Christopher Intagliata, Courtney Dorning, Scott Horsley and Krishnadev Calamur. Our executive producer is Sami Yenigun.

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What the Supreme Court’s tariff decision means for small businesses

Consider This from NPR