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The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court.
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The Supreme Court on Friday struck down President Trump's tariffs. But the justices left a $133 billion question unanswered: What's going to happen to the money the government has already collected?
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The nation's highest court struck down some of U.S. President Donald Trump's most sweeping tariffs on Friday, in a 6-3 decision that he overstepped his authority when using an emergency powers law to justify new taxes on goods from nearly every country in the world.
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Trump attacks Supreme Court justices after he is handed a major tariff loss PoliticoKavanaugh rips Supreme Court majority's ‘illogical' line on tariffs Fox NewsTrump Presses on With Tariffs, Posing Challenge for Republicans The New York TimesStock market today: Dow, S&P 500, Nasdaq jump to post weekly g
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Here's what corporate leaders need to know about the billions of dollars on the line following the Supreme Court's ruling against President Trump.
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Stock Market Today: Nasdaq Charges Higher As Trump Announces Global Tariff; Nvidia Rises (Live Coverage) Investor's Business DailyStock Market Today: Dow, S&P 500 and Nasdaq climb; Trump announces new 10% global tariff after Supreme Court strikes down emergency tariffs; Treasury yields rise, dollar retreats MarketWatchThe Friday trade returns. US stocks make a recovery investingLive
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Trump Tariffs Live Updates: After Supreme Court Ruling, Trump Plans a Tariff Workaround The New York TimesTrump tariffs live updates: Trump eyes rollback of metals duties as tariffs face House rebuke Yahoo Finance UKWhat the Supreme Court's tariff ruling means for the prices you're paying CNNSupreme Court Tariff Ruling: IEEPA Revenue and Potential Refunds Penn Wharton Budget Model"Patience was running thin": S
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The administration has been preparing for months for the possibility that the court would rule against the president and developed contingency plans.
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President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
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The Supreme Court's ruling against many of President Trump's tariffs cheered executives who set to work seeking refunds on their duties.
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The Supreme Court's decision to invalidate many of President Trump's tariffs raised questions about what would become of agreements struck with major U.S. trading partners.
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