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The U.S. Supreme Court will hold oral arguments on November 5th regarding whether Trump can impose tariffs under the IEEPA.
BlockBeats News, November 4th. The U.S. Supreme Court will hold oral arguments on November 5th in a case to review the boundaries of the president's "emergency powers." The core issue of the case is: whether the president can impose broad tariffs on imported goods from various countries under the International Emergency Economic Powers Act (IEEPA).
This case's impact goes far beyond trade policy itself. The Supreme Court's ruling will determine whether the president can bypass Congress by using emergency powers, making this practice a tool of everyday governance, and have a profound impact on the constitutional separation of powers and the limits of presidential power.
The case stems from former President Trump's previous declarations of three national emergencies to impose tariffs on Canada, Mexico, and China, followed by a fourth national emergency declaration to impose a 10% global tariff on all import goods and a maximum 50% "matching tariff" on specific countries and companies.
Several businesses and state governments promptly filed lawsuits in federal courts. The Brennan Center submitted an "amicus curiae" brief in multiple cases, arguing that long-standing trade imbalances do not constitute an emergency or an "unusual and extraordinary threat," and that the IEEPA does not authorize the president to impose tariffs. The Supreme Court will rule on whether the law empowers the president with a "tariff pen" to circumvent Congress.
Trump had previously stated on November 3rd, "I will not be going to court on Wednesday [5th] because I don't want to distract people from this important decision."
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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