Supreme Court Weighs Trump Tariffs Legality
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The Supreme Court is set to deliver a landmark decision that could transform trade policy and
the economy. At the center is whether Trump's tariffs can be justified under the International
Emergency Economic Powers Act and if importers deserve compensation if deemed improper.
Experts estimate just a 28% chance the tariffs stay unchanged. Treasury Secretary
Scott Bessent anticipates a complex verdict, potentially sustaining tariffs through alternative legal
methods. Economists warn that removing tariffs might slow domestic manufacturing but
could lower input costs, boosting corporate profits. Despite predictions,
the trade deficit has remarkably shrunk. The Supreme Court’s broad influence suggests a multifaceted
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