The Court of International Trade has struck down a second round of global tariffs ordered by President Trump, after his earlier import taxes were outlawed by the U.S. Supreme Court.
After the Supreme Court struck down most of President Trump's tariffs, Richard Brown began lining up the paperwork he needed to get his refund. Experts say many businesses may never get their money back.
President Trump faces mounting political pressure on multiple fronts, particularly when it comes to his handling of the war and the consequences it's having on the economy.
When the Supreme Court struck down many of President Trump's tariffs, it left importers wondering how long they'd have to wait to get their money back. Hedge funds are offering to help out.
The Supreme Court struck down President Trump's signature tariffs. But the president has other tariff tools, and consumers shouldn't expect cheaper prices anytime soon, economists say.
Anyone who paid the taxes should get reimbursed, but the high court did not address how. Business owners wonder if they'll need lawyers, brokers, money — or luck.
The battle over the tariffs began on day one of the president's second term when he signed an executive order that let him impose a wide range of tariffs on virtually every U.S. trading partner.
President Trump claimed the justices opposing his position were acting because of partisanship, though three of those ruling against his tariffs were appointed by Republican presidents.
The announcement is a reversal for Trump, who initially initially praised the agreement with China as something Canadian Prime Minister Mark Carney "should be doing."
