US Tariff News | امریکی سپریم کورٹ سے ٹرمپ کو لگا بڑا جھٹکا | Trump | Tariff | US SC | India | N18G

Описание: The US Supreme Court struck down President Donald Trump’s global tariffs, saying he exceeded his authority by invoking a federal emergency-powers law to impose them.
The court's decision invalidates Trump's tariffs on imports from most countries and duties imposed on goods from Canada, Mexico, and China, and could cut the US average effective tariff rate by more than half.
The justices didn't address the extent to which importers are entitled to refunds, leaving it to a lower court to sort out those issues, with potential refunds totaling as much as $170 billion.
The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House.

Voting 6-3, the court said Trump exceeded his authority by invoking a federal emergency-powers law to impose his “reciprocal” tariffs across the globe as well as targeted import taxes the administration says address fentanyl trafficking.

The justices didn’t address the extent to which importers are entitled to refunds, leaving it to a lower court to sort out those issues. If fully allowed, refunds could total as much as $170 billion — more than half the total revenue Trump’s tariffs have brought in.
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