What the Supreme Court's tariff ruling could mean for your wallet
Don’t expect cheaper grocery bills tomorrow, even after the Supreme Court struck down most of President Donald Trump’s tariffs. Source link
Don’t expect cheaper grocery bills tomorrow, even after the Supreme Court struck down most of President Donald Trump’s tariffs. Source link
President Trump late Friday once again criticized Supreme Court Justices Amy Coney Barrett and Neil Gorsuch — both of whom he appointed during his first term — for joining the majority in thwarting much of his sweeping tariff agenda. In a 6-3 decision early Friday, Barrett and Gorsuch joined the high court’s three liberals… Source…
Illinois Governor JB Pritzker (D) on Thursday asked President Trump to “cut a check” and issue refunds to American taxpayers after the Supreme Court struck down a cornerstone of his economic agenda, tariffs. “The Supreme Court confirmed what we already knew. Trump’s tariffs are illegal. He did it without anyone’s support…” Source link
{Beacon} Technology Technology The Big Story Silicon Valley breathes a sigh of relief after tariff decision The tech world breathed a sigh of relief Friday after the Supreme Court rejected President Trump’s use of emergency legislation to impose sweeping tariffs on nearly every country. © iStock / Getty Images Plus Trump’s huge tariffs… Source link
Former UN Ambassador Susan Rice (D) is warning corporations and other entities that “take a knee” to President Trump with the expectation that they will be “held accountable” if Democrats return to power. “If these corporations think that the Democrats, when they come back to power, will, you know, play by the old rules, and……
Senator Maria Cantwell (D-Wash.) wrote a letter to Treasury Secretary Scott Bessant asking for “comprehensive clarification” on how the Treasury Department will distribute tariff refunds in the wake of the Supreme Court’s ruling on Friday that the President was acting outside his authority in imposing certain tariffs. “Looking at this administration… Source link
The Supreme Court has revoked Trump’s authority to impose tariffs on other countries through the International Emergency Economic Powers Act (IEEPA). But it’s not the only tool the president has to put pressure on his tariff regime. “The reality is that the President is going to impose tariffs as part of his trade policy… Source…
President Trump said Supreme Court Justices Amy Coney Barrett and Neil Gorsuch’s ruling against his administration’s tariff policies “will be an embarrassment to their families.” “I don’t want to say whether I regret nominating him or not. I think his decision was terrible,” Trump told reporters at a White House press briefing. “I think it’s…
President Trump on Friday criticized the Supreme Court justices who criticized his tariffs, including two he appointed, saying he was “ashamed of some members of the court.” “They are very treasonous and disloyal to our Constitution. My opinion is that the court has become influenced by foreign interests and a political movement… Source link
President Trump will speak to reporters on Friday after the Supreme Court struck down nearly all of the administration’s sweeping tariffs on foreign trade partners. The high court rejected Trump’s expanded use of the International Emergency Economic Powers Act to impose hefty import taxes. A 1970s law allows the President to “regulate” imports if necessary……