Trump tariffs face Supreme Court test
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Evidence suggests President Trump's tariffs will ultimately slow economic growth, a particularly concerning prospect because the S&P 500 currently trades at a valuation last seen during the dot-com crash.
Steep import taxes have raised prices and affected U.S. businesses, but not quite as much as expected. A new report offers some reasons.
America's trade wars forced Robert Luna to hike prices on the rustic wooden Mexican furniture he sells from a crowded warehouse here, while down the street, Eddie Cole scrambled to design new products to make up for lost sales on his Chinese-made motorcycle accessories.
A ruling against Trump would not necessarily end the tariff saga. The administration has already signalled it has alternative legal routes.
Supreme Court may decide fate of Trump's tariffs Friday. Alibaba shares jump on potential China approval of Nvidia H200. Bob Iger: Disney will continue to expand its investment in China.
President Donald Trump's administration faces the possibility of having to refund more than $133.5 billion in tariffs to importers if the U.S. Supreme Court declares unlawful the duties he has imposed under the International Emergency Economic Powers Act,