Supreme Court Strikes Down Trump Tariffs - $175B Refunds Possible?



In a historic 6-3 ruling, the Court declared Trump's emergency tariffs under IEEPA are ILLEGAL.

Key Facts:
→ $133.5B already collected from importers
→ Up to $175B potential refunds
→ 76% prediction market odds for court-ordered refunds

Trump's Response:
Announced NEW 15% global tariffs using different legal authority - but capped at 150 days.

Market Impact:
→ Relief for businesses paying import duties
→ Reduces near-term inflation pressure
→ Stocks rallied on the news

Refund process remains unclear - could take years in courts.

Presidential tariff power limited, but trade war continues.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)