Trump, Supreme Court and tariff
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Democrats have demanded refunds after the Supreme Court ruled against President Donald Trump's sweeping tariffs.
Anyone who paid the taxes should get reimbursed, but the high court did not address how. Business owners wonder if they'll need lawyers, brokers, money — or luck.
WASHINGTON — Treasury Secretary Scott Bessent deferred to the lower courts to determine how refunds for President Trump’s International Emergency Economic Powers Act (IEEPA) tariffs will work in the wake of the Supreme Court’s ruling.
When the Supreme Court struck down the majority of President Donald Trump's tariffs Friday, he lost little time revealing his backup plan. He quickly imposed more tariffs under different legal mechanisms than the one the high court struck down.
The Supreme Court's decision has led questions over whether people can get a refund over the unlawful tariffs.
WASHINGTON — President Donald Trump has once again turned to tariffs to try to get his way with a U.S. trading partner. This time, the target is Mexico: Trump plans to impose 5% tariffs on Mexican imports starting June 10 and to ratchet them up to 25% by ...
Given that the latest tariffs can also be legally challenged, they might just be a measure to buy some time for another tariff option: Section 301 of the 1974 law.
Jamieson Greer says the legal basis for global import taxes will simply adapt to Friday's Supreme Court ruling.