Treasury Department

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Policy Neutral

SCOTUS Strikes Down Trump Tariffs: A Watershed Moment for Global Trade

The U.S. Supreme Court has invalidated President Trump's sweeping 'Liberation Day' tariffs in a 6-3 ruling, citing an unlawful use of emergency powers. This decision halts a central pillar of the administration's trade policy and triggers a massive wave of potential refund claims from U.S. importers.

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