The Supreme Court's decision on whether to hear the case could have significant implications for the scope of executive power.

Two educational toy companies on Tuesday asked the Supreme Court to quickly take up their challenge to tariffs imposed by President Donald Trump

One JPMorgan analysis said they could be viewed as raising taxes by $660 billion a year. Treasury Secretary Scott Bessent said in an April interview with Tucker Carlson that the tariffs could raise between $300 billion and $600 billion in annual revenue for the federal government.