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Learning Resources, Inc.

Learning Resources, Inc.

Corporation (Educational Toys)

Appears in 2 stories

Stories

Trump's emergency tariff gambit

Rule Changes

Educational toy manufacturer challenging Liberation Day tariffs. - Lead plaintiff in parallel Supreme Court case

President Trump declared national emergencies over fentanyl trafficking and trade deficits, then used a 1977 law never intended for tariffs to slap duties on nearly every country. Federal courts at every level said he exceeded his authority. The tariffs stayed anyway, collecting approximately $150 billion while 301,000 importers waited to see if they'd get refunds. The Supreme Court heard arguments in November 2025, with justices expressing deep skepticism about the government's position, but has yet to issue a ruling as of late January 2026.

Updated Jan 21

The $130 billion question: can presidents impose tariffs without Congress?

Rule Changes

Illinois-based maker of hands-on educational toys for children ages 2 and up. - Lead plaintiff in consolidated Supreme Court case

A small wine importer and a toy company are forcing the Supreme Court to answer a question that could redefine presidential power: Can the president slap tariffs on the entire world without Congress? Trump used emergency powers law to impose tariffs collecting $130 billion, courts said he overstepped, and now the justices will decide if emergency powers mean what they've always meantβ€”or something radically new.

Updated Jan 5