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    SCOTUS RULING

    Trump’s second act on tariffs takes effect with 10% duty on the world. For now

    US President Trump enacted a new 10% global tariff, a day after the Supreme Court struck down his previous duties. This move, authorized under the 1974 Trade Act, aims to maintain his trade policy despite growing uncertainty among major trading partners like India and the EU, who have paused trade talks.

    Trump erupts in anger over Supreme Court tariff ruling, reports describe heated reaction

    Trump reaction to Supreme Court tariff ruling: President Donald Trump reacted with fury after the Supreme Court declared his emergency tariffs unlawful. The ruling, delivered after a brief hearing, emphasized that presidential powers require clear congressional grants. This decision marks a significant setback for his trade policy.

    What did Gavin Newsom say about Trump after the US Supreme Court struck down tariffs? His tweet is everywhere

    Governor Gavin Newsom urged the Trump Administration to issue immediate refund checks with interest to American families and businesses following the Supreme Court's ruling that President Trump's tariffs were illegal. The Court confirmed that the President lacked the authority to impose these tariffs, which cost families an average of $1,751 last year.

    Supreme Court of the United States strikes down Trump tariffs — here’s which levies are affected

    The nation's highest court has ruled against President Donald Trump's broad tariffs. The decision invalidates taxes imposed using an emergency powers law. Many other tariffs remain in place. Trump still has options to continue taxing imports aggressively. This ruling impacts tariffs on goods from nearly every country.

    SCOTUS ruling: Major issues to watch after the Supreme Court strikes down Trump's tariffs

    The Supreme Court's decision to overturn significant Trump tariffs creates a substantial budget hole, potentially costing trillions and impacting deficit reduction goals. Refunds for importers are expected to be complex and could take over a year to process. This ruling also raises concerns about Trump's future negotiation leverage with foreign nations.

    Supreme Court tariff ruling: 6-3 decision blocks Trump tariffs under IEEPA - what does it mean for Trump administration?

    Supreme Court tariff ruling: The US Supreme Court has delivered a significant blow to President Donald Trump. In a 6-3 decision, the court ruled that his global tariffs were unlawful. Chief Justice John Roberts stated Trump overstepped his authority under federal law. This ruling marks a major defeat for the former president. Other avenues for tariffs may still exist.

    The Economic Times
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