Fashion
Trump takes tariffs fight to US Supreme Court
By
Reuters
Published
September 5, 2025
Donald Trump‘s administration asked the U.S. Supreme Court on Wednesday to hear a bid to preserve his sweeping tariffs pursued under a 1977 law meant for emergencies, after a lower court invalidated most of the levies central to the Republican president’s economic and trade agenda.
The Justice Department appealed an August 29 ruling by a federal appeals court that the president overstepped his authority in invoking the law known as the International Emergency Economic Powers Act, undercutting a major Trump priority in his second term.
The tariffs currently remain in effect as the appeals court paused its order to give the administration time to seek Supreme Court review.
The Justice Department asked the Supreme Court to decide by Sept. 10 whether it would hear the case. The Justice Department also proposed an accelerated timetable for resolving the litigation, with oral arguments in the first week of November, just a month after the start of the court’s 2025-2026 term.
Lawyers for small businesses challenging the tariffs are not opposing the government’s request for a Supreme Court hearing. One of the attorneys, Jeffrey Schwab of Liberty Justice Center, said in a statement they were confident they would prevail.
“We hope for a prompt resolution of this case for our clients,” Schwab said.
The levies are part of a trade war instigated by Trump since he returned to the presidency in January that has alienated trading partners, increased volatility in financial markets and fueled global economic uncertainty.
Trump has made tariffs a pillar of U.S. foreign policy, using them to exert political pressure and renegotiate trade deals and extract concessions from countries that export goods to the United States.
The litigation concerns Trump’s use of IEEPA to impose what Trump calls “reciprocal” tariffs to address trade deficits in April, as well as separate tariffs announced in February as economic leverage on China, Canada and Mexico to curb the trafficking of fentanyl and illicit drugs into the U.S.
IEEPA gives the president power to deal with “an unusual and extraordinary threat” amid a national emergency and had historically been used for imposing sanctions on enemies or freezing their assets. Prior to Trump, the law had never been used to impose tariffs.
Trump’s Department of Justice has argued that the law allows tariffs under emergency provisions that authorize a president to “regulate” imports or block them completely.
The appeals court ruling stems from two challenges, one brought by five small businesses that import goods, including a New York wine and spirits importer and a Pennsylvania-based sport fishing retailer.
The other was filed by 12 U.S. states – Arizona, Colorado, Connecticut, Delaware, Illinois, Maine, Minnesota, Nevada, New Mexico, New York, Oregon and Vermont – most of them governed by Democrats.
The Constitution grants Congress, not the president, the authority to issue taxes and tariffs, and any delegation of that authority must be both explicit and limited, according to the lawsuits.
The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., agreed, ruling that the president’s power to regulate imports under the law does not include the power to impose tariffs.
“It seems unlikely that Congress intended, in enacting IEEPA, to depart from its past practice and grant the President unlimited authority to impose tariffs,” the appeals court said in its 7-4 decision.
The appeals court also said that the administration’s expansive view of IEEPA violates the Supreme Court’s “major questions” doctrine, which requires executive branch actions of vast economic and political significance to be clearly authorized by Congress.
The New York-based U.S. Court of International Trade, which has jurisdiction over customs and trade disputes, previously ruled against Trump’s tariff policies on May 28.
Another court in Washington ruled that IEEPA does not authorize Trump’s tariffs, and the government has appealed that decision as well. At least eight lawsuits have challenged Trump’s tariff policies, including one filed by the state of California.
The administration’s appeal comes as a legal fight over the independence of the Federal Reserve also seems bound for the Supreme Court, setting up a potential legal showdown over Trump’s entire economic policy in the months ahead.
© Thomson Reuters 2025 All rights reserved.
During the first seven months of ****, textile exports eased by *.* per cent to $***.* million. Over the same period, exports of other manufactured textile articles increased by ** per cent, totalling $** million, as reported in the Central Bank**;s publication External Sector Performance – July ****.
Combined exports of textiles, garments, and other manufactured textile articles accounted for **.** per cent of all industrial exports from Sri Lanka during the seven-month period. Total textile product exports amounted to $*,***.* million between January and July ****, while the country’s overall industrial exports were valued at $*,***.* million for the same period.
The net profit surged 16 per cent to €76.7 million (~$89.7 million), representing 11.2 per cent of sales, and the operating income amounted to €113.8 million (~$133.1 million), with a margin of 16.6 per cent.
Brunello Cucinelli has closed H1 2025 with revenues up 10.2 per cent to €684.1 million (~$800.4 million).
EBIT was up 8.8 per cent to €113.8 million (~$133.1 million), and net profit rose 16 per cent to €76.7 million (~$89.7 million).
Growth was broad-based across regions and channels.
The company expects revenue growth of around 10 per cent in both 2025 and 2026.
Region-wise, Europe saw an increase of 10 per cent YoY to €243.2 million, Americas sales went up 8.7 per cent to €245.3 million, and Asia led the revenue with a 12.5 per cent rise to €195.7 million. Retail revenues advanced 10.3 per cent to €435.8 million, while wholesale sales gained 10.1 per cent to €248.3 million.
The company accelerated its 2024–2026 investment plan, completing key projects a year ahead of schedule, including the doubling of its Solomeo factory. Total investments reached €63.5 million versus €44.8 million last year, Brunello Cucinelli said in a press release.
Payroll costs rose 11 per cent to €125.6 million as the workforce expanded to 3,283 employees, driven by increased artisanal and boutique staff. Despite higher lease and depreciation costs, the company maintained a solid financial structure, with net debt at €197.2 million, reflecting both investments and €68.8 million in dividends paid.
“We have closed the first half of 2025 with excellent results both in terms of revenue and profit, achieving the sound and gracious growth that we greatly value. Our aim has been to dignify manual work, conducting business with full respect for the moral and economic dignity of the human being,” said Brunello Cucinelli, executive chairman and creative director of the company.
“The Fall–Winter sales season has indeed begun very well, as has the order intake for Men’s and Women’s collections for the forthcoming Spring–Summer 2026. All of this, together with the pleasant atmosphere surrounding our brand, enables us to work with peace of mind and to envisage closing 2025 with healthy growth in revenue of around 10 per cent, accompanied by sound profits, and to look ahead to 2026 with the expectation of similarly balanced growth, again in the region of 10 per cent,” added Cucinelli.
The brand also highlighted its global presence with boutique expansions, including new locations on Sloane Street in London and in Vienna, and exclusive events at Harrods and Gstaad, reinforcing its premium positioning, added the release.
Brunello Cucinelli expects to close 2025 with revenue growth of around 10 per cent, supported by strong sales trends in July and August and a successful Fall–Winter 2025 launch. Upcoming showcases in Japan and Korea are set to further consolidate global reach. The Spring–Summer 2026 campaign has been well received—men’s collections completed with strong orders, while women’s are still being collected but with highly favourable feedback. Management anticipates similar balanced growth of around 10 per cent in 2026, with healthy profitability.
Fibre2Fashion News Desk (SG)
According to the US Department of Agriculture’s (USDA) weekly export sales report, sales were mainly to Vietnam (109,700 RB, including 4,300 RB switched from Nicaragua, 1,300 RB switched from Thailand, and a decrease of 100 RB), India (53,800 RB), China (35,200 RB), Bangladesh (31,900 RB), and Mexico (6,900 RB), partly offset by reductions for Nicaragua (4,300 RB).
US net sales of Upland cotton rose 36 per cent week-on-week to 245,000 running bales (RB) for 2025–26 during the week ending August 28, 2025, led by Vietnam, India, China, Bangladesh and Mexico, according to USDA.
Export shipments totalled 154,700 RB, mainly to Vietnam.
Pima cotton sales fell to 1,600 RB from 3,900 RB, while shipments reached 4,400 RB, with India the top destination.
Export shipments of Upland cotton totalled 154,700 RB, primarily destined for Vietnam (82,800 RB), Pakistan (17,500 RB), Mexico (11,000 RB), Honduras (6,600 RB), and India (6,300 RB).
Net sales of Pima cotton amounted to 1,600 RB for 2025–26, down from 3,900 RB the previous week. The main buyers were India (1,100 RB), Peru (400 RB), and Indonesia (100 RB), partly offset by reductions for Switzerland (200 RB).
Export shipments of Pima totalled 4,400 RB, mainly to India (2,500 RB), Egypt (700 RB), Peru (500 RB), Indonesia (300 RB), and Slovenia (100 RB).
Fibre2Fashion News Desk (KUL)
Carter awaits discipline amid sportsmanship push
Psychological Tricks Can Get AI to Break the Rules
Tata Motors To Pass On Full GST Cut, Commercial Vehicles To Get Cheaper From Sep 22
SSA Whistleblower’s Resignation Email Mysteriously Disappeared From Inboxes
Sabrina Carpenter gives insight into her new music and viral debate over album cover
Gear News of the Week: Apple’s iPhone Event Gets a Date, and Plaud Upgrades Its AI Note-Taker
-
Tech1 week agoSSA Whistleblower’s Resignation Email Mysteriously Disappeared From Inboxes
-
Entertainment1 week agoSabrina Carpenter gives insight into her new music and viral debate over album cover
-
Tech1 week agoGear News of the Week: Apple’s iPhone Event Gets a Date, and Plaud Upgrades Its AI Note-Taker
-
Tech1 week agoWe’ve Rounded Up the 41 Best Labor Day Deals on Gear We’ve Tested
-
Fashion1 week agoUS’ Guess Q2 profit hits $6.2 mn, but margins shrink on costs
-
Tech1 week agoFEMA’s Chaotic Summer Has Gone From Bad to Worse
-
Tech6 days agoLatam-GPT: The Free, Open Source, and Collaborative AI of Latin America
-
Tech1 week ago3D-printed smart materials boost tactile sensor performance in wearable devices