India, Feb. 26 -- As mentioned in Wednesday's column, the US Supreme Court established that the spirit of the constitution, and of the law that President Donald Trump used to impose tariffs do not allow the actions. The Court then went into specific words, or the letter, of the International Emergency Economic Powers Act (IEEPA). It said that after a president declares an emergency, he has powers under the Act. She or he can investigate, block, regulate, compel, nullify, prevent, and withhold, or use, transfer, withdraw, and transport, and deal with imports (importation) and exports (exportation) to act against a right, power, or privilege related to transactions and property of a foreign nation.

But the beauty is that the words tariffs ...