Trump calls out Supreme Court ruling on tariffs
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Households may lose over $1,000 yearly under Trump’s latest tariffs, even after the Supreme Court blocked his earlier emergency plan.
Tariff dividend checks were always a long shot, and tariff refund checks aren't likely. But consumers may yet get some of their money back.
“Our brief to the Supreme Court helped to illustrate the impact on small businesses,” said Abel, founder and CEO of Ketchum-based Wild Rye. “Our story was on behalf of hundreds of thousands of businesses in the U.S. and their consumers that are being affected.”
After Trump’s Supreme Court tariff defeat, administration officials are devising legal strategies that would let the president keep some — or maybe even most — of the revenue, five people familiar with the conversations told POLITICO.
Donald Trump’s had his fun with tariffs and now it’s payback time. As in: it’s literally time to pay it back. The Supreme Court decision against Trump’s bogusly named emergency duties — as issued under the International Emergency Economic Powers Act — has put his trade policy in disarray.
The Supreme Court struck down one set of tariffs only for President Trump to slap new ones on. It's a bit of relief for CEOs, but not a complete fix.
Republican divisions emerge over Trump's tariff policies as the president pushes Congress to pass the SAVE Act and restrict congressional stock trading.