The U.S. Supreme Court on Friday struck down most of President Donald Trump’s tariffs on imported goods, but experts said Texans should not expect prices to drop in the short term as questions around the nation’s trade policy remain unanswered.
The court’s ruling does not apply to some tariffs on goods like aluminum, steel and furniture. And Trump promised shortly after the ruling that his administration would use other laws to reimpose many of the tariffs that the Supreme Court deemed illegal, injecting a new round of uncertainty into international trade.