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The Supreme Court on Wednesday appeared skeptical of the president's claim of unbounded tariff authority.
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The end of tariffs wouldn't be an unequivocal win for stocks. It could cause yields to rise — and Trump might try to reinstate tariffs through other means.
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Also, Democrats seized on economic worries. Here's the latest at the end of Wednesday.
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The Supreme Court will decide whether President Trump's sweeping global tariffs are legal in a case with major consequences for the global economy and presidential power.
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NPR's Juana Summers talks with California AG Rob Bonta about tariffs arguments at the Supreme Court, presidential power and the legal fights California is waging against the Trump administration.
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