Supreme Court blocks Trump’s emergency tariffs, billions in refunds may be owed

via supremecourt.gov

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The Supreme Court ruled Friday that Donald Trump was not authorized to implement emergency tariffs to ostensibly block illegal drug flows and offset trade deficits. It’s not immediately clear what the ruling may mean for businesses that paid various “reciprocal” tariffs that Trump changed frequently, raising and lowering rates at will during tense negotiations with […]

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