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The Latest Breaking News from the Supreme Court

Trump's tariffs were voided, starting a new fight over refunds

Major importers may turn to a trade court to reclaim tariff payments.

Axios

Dollar Weakens as SCOTUS Rebuffs President Trump’s Tariffs

The dollar index (DXY00 ) fell from a 4-week high on Friday and finished down by -0.13%. Weaker-than-expected US economic news knocked the dollar lower on Friday. US Q4 GDP, the Feb S&P manufacturing PMI, and the University of Michigan US Feb consumer sentiment index all were weaker than expected...

Barchart

A Note on Tariff Refunds

Thanks to our victory in the tariff case before the Supreme Court, businesses that paid billions of dollars in illegally collected tariffs can seek refunds. But the process may be difficult.

Reason

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read the most diverse news in one place.

Trump announces new 10% global tariff after Supreme Court ruling: What are Sections 122, 232 and 301? Explained

US President Donald Trump said he would sign new orders aimed at restoring tariffs using alternative legal authorities after the Supreme Court struck down a large portion of his previous measures.

The Times of India

The Supreme Court’s bombshell tariff ruling failed to answer a $133 billion question over refunds: Now what?

Costco and other firms that filed early lawsuits may have an edge when it comes to collecting any refunds.

Fortune

Trump Orders New 10 Percent 'Global Tariff' After Supreme Court's Rebuke

The new tariff will be implemented under a 1974 law that gives the president authority to impose tariffs for up to 150 days.

Reason

'Huge Relief': Small Business Owners Celebrate Supreme Court Striking Down Trump's Tariffs

The battle against the president's so-called reciprocal tariffs is won, but the war for free trade and a stable business environment continues.

Reason

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Trump Slams Supreme Court Justices Who Ruled Against Tariffs As 'Disloyal'

At a press briefing Friday, Trump publicly reacted to the Supreme Court ruling that he didn't have the power to implement wide tariffs as part of the International Emergency Economic Powers Act.

International Business Times

Trump raises global tariffs from 10% to 15% 'effective immediately'

The US president said that the new measure will effective immediately raise the 10% worldwide tariff on countries, many of which 'have been ripping the US off for decades, without retribution.'

Euronews

The Supreme Court has turned down some Trump tariffs. What does that mean for camera prices?

A Supreme Court ruling will impact around half of the US tariffs, but what does that mean for camera prices in the US?

Digital Camera World

Trump "absolutely ashamed" of SCOTUS for tariffs ruling

Trump previously claimed the U.S. economy would struggle if the Supreme Court shot down his policy.

Axios

U.S. Supreme Court shoots down President Trump’s tariffs — Consumer Technology Association hails 'victory for all Americans,' calls for swift refunds to retailers (update)

The Supreme Court told the Trump administration that the term "regulate" in the IEEPA does not give White House authority to impose tariffs on imports.

Tom’s Hardware

The Latest: Trump addresses press after Supreme Court strikes down his sweeping tariffs

The Supreme Court struck down President Donald Trump’s far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda

The Independent UK

America’s debt problem just got worse by $2 trillion with the Supreme Court’s tariff ruling

Many shoppers and companies might cheer the drawdown of Trump’s tariffs, but the truth is America really needed that money.

Fortune

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The Conversation

Supreme Court rules against Trump’s emergency tariffs – but leaves key questions unanswered

President Donald Trump’s economic agenda took a major hit when the Supreme Court struck down many of his most sweeping tariffs. While Trump has options to restore some of the tariffs, he’s losing his most powerful tool to impose them almost at will as a bargaining chip with other countries.

The Independent UK

The Trump tariffs most affected after Supreme Court ruling

Despite this significant ruling, many sectoral tariffs introduced by Mr Trump over the past year remain in effect

Roll Call

Supreme Court backs congressional power in tariff ruling

The Supreme Court stuck up for congressional power in a ruling Friday invalidating most of President Donald Trump's worldwide tariffs.

Axios

Business groups applaud Supreme Court ruling on Trump tariffs

Businesses welcomed the Supreme Court ruling voiding Trump's global tariffs after a bruising year that squeezed margins and drove price hikes.

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The Independent UK

The Supreme Court struck down Trump’s tariffs - here’s what it means for your wallet

‘Today’s ruling is expected to provide significant long-term relief to consumer wallets,’ one expert predicted

Fortune

‘Trump will no longer be able to honor many of the “deals” he has negotiated’: How the Supreme Court crippled America’s negotiator-in-chief

The effective tariff rate skyrocketed from a mere 2% to 14%, Capital Economics calculates, and 9% of that came from tariffs that turned out to be illegal.

Axios

What Trump's tariff loss means for his agenda

The bottom just fell out of the administration's economic — and in many cases, geopolitical — agenda.

Reason

Even Without the 'Emergency' Powers SCOTUS Rejected, Trump Has a Bunch of Tariff Options

There are many laws that explicitly authorize the president to impose taxes on imports, but they include limits that Trump was keen to avoid.

Barchart

Stocks Rebound as Supreme Court Strikes Down President Trump’s Tariffs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.03%. March E-mini S&P futures (ESH26 ) are up +0.60%, and March E-mini Nasdaq futures...

The Times of India

Can Trump overturn Supreme Court tariff ruling? What US Constitution says

The US Supreme Court’s ruling striking down tariffs imposed under emergency powers has triggered a fundamental constitutional question: can a president --including Donald Trump -- overturn or bypass a Supreme Court decision on tariffs?

Reason

The Supreme Court Just Struck Down Trump's 'Emergency' Tariffs

"There is no exception to the major questions doctrine for emergency statutes," wrote Chief Justice John Roberts.

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