‘Trump’s trade deals are illegal,’ Piper Sandler warns, predicting a Supreme Court smackdown by June 2026

fortune.com/2025/07/25/trump-trade-deals-illegal-piper-sandler-tariffs-supreme-court

President Donald Trump’s trade deals are illegal, Piper Sandler flatly declares in a new research note. The investment bank analyzed ongoing court battles and legislative authority, and concluded that Trump’s reliance on the International Emergency Economic Powers Act (IEEPA) to impose…

This story appeared on fortune.com, 2025-07-25 14:03:46.
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