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.
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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.