What the Supreme Court’s tariff ruling means for the prices you’re paying
The Supreme Court invalidated Trump’s emergency tariffs, prompting a new 10% global tariff plan and potential refunds for billions, impacting U.S. businesses and consumers.
- On Friday, the Supreme Court struck down many of the administration's tariffs, lowering the effective tariff rate to around 4.5%.
- The court noted other statutory authorities remain available to the administration, including laws that previously allowed large steel and aluminum tariffs.
- The conservative-leaning Tax Foundation estimated Trump's tariffs added $1,000 in costs for the average U.S. household in 2025, but consumers likely won't get refunds for higher prices paid months ago.
- Market response: companies remain reluctant to cut prices, and economists don't expect the decision to drive a dramatic overnight drop in consumer costs.
- Looking ahead, officials have not settled on a path after President Donald Trump announced plans to impose a 10% global tariff under Section 122 of the 1974 Trade Act on Friday.
89 Articles
89 Articles
Supreme Court rules Trump's tariffs policy unconstitutional: what this means for local consumers
The Supreme Court struck down President Trump's global tariff policy, prompting him to announce a new 10% global tariff, which will likely increase costs for consumers and grocers.
According to the Supreme Court's judgment, Rick Woldenberg, plaintiff of the first hour, is visibly satisfied.
US President Donald Trump today announced an increase in new tariffs on imports, which he imposed after Friday's court overturned his so-called reciprocal tariffs, from 10 to 15 percent. This is the highest level allowed by the law he took as a basis. According to him, they should take effect immediately.
Donald Trump says he will raise US global tariff rate from 10pc to 15pc one day after Supreme Court rules against previous tariffs
US President Donald Trump said on Saturday he will raise from 10pc to 15pc a temporary tariff rate on US imports from all countries, which he imposed after the US Supreme Court ruled against his signature tariff programme based on an economic emergency law.
The President of the United States, Donald Trump, said on this Saturday that the overall rate of 10% will increase, announced one day before, for 15%, in response to the Supreme Court decision of the U.S. which he considered illegal the mechanism used by him to implement the tariffs. More than a thousand actions already require reimbursement of tariffs in the United States. He understands how companies can obtain money back Sections 122 and 301:…
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