After the U.S. Supreme Courtroom struck down his sweeping international tariffs in a 6-3 ruling, President Trump denounced the choice as a “shame to our nation” and referred to as the justices within the majority “very unpatriotic and disloyal to the Structure,” suggesting they’d been “swayed by overseas pursuits.”
Undeterred, Trump shortly introduced a brand new 10% international tariff, this time invoking a unique commerce legislation. The transfer doubtlessly units him on a collision course with Congress. On the query of refunds for tariffs already collected, estimated at as much as $175 billion, the court docket’s ruling was silent, leaving that query unresolved. Trump warned the method might be extended, saying the U.S. could also be tied up in litigation for years.
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