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Supreme Court ruling against Trump tariffs will offer relief, business owners say

Businesses could be owed nearly $150 billion in refunds after the Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act.

Business owners said that a Supreme Court ruling on Friday striking down sweeping U.S. tariffs could spell relief by lowering their costs and potentially leading to refunds.
The high court ruled that President Trump does not have the authority to imp… [4175 chars]

Source: CBS News | Published: 2026-02-20T15:36:00Z

Credit: CBS News

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