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#tariffs
US politics
fromFortune
1 week agoLose-lose: Even if the Supreme Court strikes down Trump's tariffs, consumers likely wouldn't see a dime from refunds
Courts ruled key Trump tariffs illegal, potentially forcing hundreds of billions in refunds to importers and reversing tariff revenue relied upon by the federal government.
US politics
fromFortune
1 week agoAs Trump pushes Supreme Court to uphold his tariffs, he signals trade deals will be defunct if he loses the case: 'I guess we'd have to unwind them'
A court ruling threatens U.S. tariffs, jeopardizing trade deals and economic leverage, potentially forcing unwinding of agreements and harming the economy.
fromFortune
2 weeks 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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