Supreme Court ruling against Trump’s tariffs is unlikely to mean an end to trade policy chaos
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A recent Supreme Court ruling against President Trump's sweeping tariffs, while limiting his ability to impose new import taxes unilaterally, is unlikely to resolve the uncertainty surrounding his trade policies. Experts suggest the ruling raises complex questions about how the President might attempt to reimpose tariffs using other legal avenues and whether those attempts will face legal challenges. The decision also casts doubt on the future of trade deals negotiated using the now-defunct tariffs as leverage. Importers are left wondering about potential refunds for tariffs paid previously. Despite having time to prepare, Trump's response to the ruling has been unpredictable, initially proposing 10% levies on imports and then increasing it to 15%.
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