In a major policy shift with wide-ranging financial implications, the government Donald Trump Launched a new system aimed at refunding approximately $166 billion in tariffs to U.S. importers. The move follows a key ruling by the U.S. Supreme Court earlier this year that the levies were illegal. A new $166 billion refund system has been … Read more
U.S. lawmakers are advancing a proposal that could provide up to $1,200 in funding tariffRefund checks are being issued to eligible households as pressure mounts to ease the financial stress caused by rising prices. The move follows a major U.S. Supreme Court ruling that struck down much of Donald Trump’s tariff policy. (Unsplash/representative) The move … Read more
Three conservative justices warned on Friday that the court overstepped its boundaries in its decision to block President Donald Trump from imposing emergency tariffs, arguing that the president should be able to impose them under his authority over foreign affairs. In a 63-page dissent written by Judge Brett Kavanaugh, dissenters also expressed concern that the … Read more
The U.S. Supreme Court voted 6-3 to overturn tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA). Costco has filed for a refund in lower court. (Reuters) Liberal Justices Ketanji Brown Jackson, Elena Kagan and Sonia Sotomayor joined conservative Justices Amy Coney Barrett, Neil Gorsuch and Chief Justice John Roberts … Read more