Supreme Court Weighs Trump's Tariff Powers

On November sixth, the Supreme Court reviews former President Trumps use of federal emergency powers to impose widespread tariffs. Despite potential legal challenges, high tariffs may persist. The Trump administration argued these policies were crucial for reducing trade deficits and boosting domestic manufacturing. Legal experts suggest alternative statutes could maintain high tariffs, but these methods would be more complex. A ruling against Trump could lead to refunds for businesses, but also create uncertainty in trade policy. The outcome could significantly impact American businesses and international trade relations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.