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#tariffs
US politics
fromFortune
1 month agoU.S. may have to refund half its tariff revenue as high-stakes court battle threatens to wreak havoc on the deficit and bond market
If the Supreme Court upholds a ruling that reciprocal tariffs are illegal, the federal government would have to refund half tariff revenue, worsening the deficit.
fromFortune
2 months agoTrump's trade adviser says tariffs aren't permanent after appeals court strikes down reciprocal duties
These tariffs apply to nearly all articles imported into the United States (and, in the case of the Reciprocal Tariffs, apply to almost all countries), impose high rates which are ever-changing and exceed those set out in the [U.S. tariff system], and are not limited in duration.
US politics
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