Supreme Court's Ruling Could Shape Trump's Tariff Battle

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Source: vox.com
Supreme Court's Ruling Could Shape Trump's Tariff Battle
Photo: vox.com
TL;DR Summary

The Supreme Court is considering a case that could overturn most of Trump's tariffs, potentially leading to lower prices, faster growth, and higher employment, although Trump might reinstate tariffs on different legal grounds. The case questions whether the president's use of the International Emergency Economic Powers Act to justify tariffs is legally valid, as many experts dispute the law's applicability to trade deficits.

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