Supreme Court Ruling Could Force U.S. to Refund Half of Trump’s Tariffs

The Supreme Court is set to decide whether to hear a case challenging the legality of President Trump's 'Liberation Day' tariffs, which could lead to their being struck down, impacting government revenue, trade negotiations, and potentially allowing companies to seek refunds for tariffs paid. A ruling against the tariffs would limit Trump's authority to impose broad tariffs under the International Emergency Economic Powers Act and could have significant economic and political consequences.