Supreme Court rules against Trump's tariffs, limiting president's power to impose taxes
NBC8 hrs
The ruling creates massive uncertainty for businesses and threatens trade deals worth trillions of dollars that have already been negotiated with multiple nations. The refund process for billions in collected tariffs will be a complete mess, and the decision does nothing to address the underlying trade imbalances and fentanyl crisis that necessitated action in the first place.
Trump abused emergency powers meant for genuine national crises to impose illegal tariffs that never had constitutional authority. This wasn't a legitimate trade policy but rather a harmful and unlawful overreach that's now been exposed and struck down by the courts.
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