🚨 BREAKING: U.S. Supreme Court Delays Ruling on Trump Tariffs
The U.S. Supreme Court has postponed its decision on the legality of former President Trump’s sweeping tariff regime — keeping all existing tariffs in place for now.
⚖️ What’s at stake:
The Court is reviewing whether the administration overstepped its authority by using the IEEPA to impose broad tariffs without Congressional approval.
🔍 Key Implications
• Tariffs on China and key allies remain active
• Businesses face continued cost uncertainty
• If struck down later, the U.S. may owe $150B+ in tariff refunds
📉 Market Impact
Ongoing uncertainty could drive volatility in retail, tech, and global trade-sensitive stocks.
💬 Trump’s Position
Trump defends the tariffs as core to his “America First” strategy, warning that overturning them would hurt U.S. manufacturing.
Global trade tension remains unresolved. Markets are watching closely 👀
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