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President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
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The administration has been preparing for months for the possibility that the court would rule against the president and developed contingency plans.
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The Supreme Court's decision striking down most of President Donald Trump's tariffs left at least one big question unanswered: What about refunds?
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The fog of the Trump administration's tariffs is unrelenting. The Supreme Court's rejection of them creates even more confusion and uncertainty.
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Dow slips after weak GDP data as traders await possible tariff court decision: Live updates CNBCRead the Supreme Court's Decision on Trump's Sweeping Tariffs The New York TimesInvestors brace for 'knee-jerk market reaction' to a coming Supreme Court tariff decision Yahoo Finance4 issues to watch after Supreme Court ruling overturns Trump tariffs USA TodayWatch: Gary O'Donoghue on US Supreme Court ruling against Trump tariffs
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The Supreme Court struck down President Donald Trump's far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda.
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President Trump was the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
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The U.S. Supreme Court said President Trump exceeded his authority in using a 1977 law to justify a large swath of his tariffs, but that does not mean that he's now unable to slap tariffs on other countries' products.
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