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The Latest Breaking News from the Supreme Court

Murky outlook for businesses after tariff ruling prompts countermoves by Trump

Businesses face a new wave of uncertainty after the Supreme Court struck down tariffs imposed by President Donald Trump under an emergency powers law and Trump vowed to work around the ruling to keep his tariffs in place

The Independent UK

Tariff ruling: Meet the Trump-appointed Supreme Court judges who went against him

At the heart of the case was whether Trump could use emergency powers under a national-security law to impose broad tariffs on imports. The Supreme Court ruled that the statute did not authorise such sweeping action. It held that tariffs are essentially a form of taxation, and under the Constitution,…

The Times of India

US Supreme Court rules in favour of the bike industry regarding sweeping tariffs, but relief may be limited

Existing duties and refund uncertainty temper industry impact

Cycling Weekly

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Texans shouldn’t expect Supreme Court ruling against tariffs to bring prices down soon, economists say

The order wiped out many of the Trump administration's tariffs, but Trump promised Friday to find other ways to restore them.

The Texas Tribune

We heard CEOs rip into Trump's tariffs behind the scenes and the Supreme Court just vindicated them

But sadly, the economic uncertainty isn't over.

Fortune

How Costco suing Trump helps business and stoke loyalty

Every seemingly political move Costco has made, like fighting tariffs and defending DEI, was ultimately about serving the customer.

Fortune

Stocks Settle Higher as SCOTUS Rejects President Trump’s Tariffs

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.69%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.87%. March E-mini S&P futures (ESH26 ) rose +0.69%, and March E-mini Nasdaq futures...

Barchart

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Trump signals new tariffs plan. Here's how Section 122 works

The global break from President Trump's tariffs will only be temporary.

Axios

Trump learns a bitter truth: Plenty of conservatives don’t like his tariffs

ANALYSIS: Judges Trump nominated to the Supreme Court, Republicans he has supported and Americans who voted for him to lower costs simply don’t like the idea of paying more for their products, Eric Garcia writes

The Independent UK

Trump's tariffs were voided, starting a new fight over refunds

Major importers may turn to a trade court to reclaim tariff payments.

Axios

Dollar Weakens as SCOTUS Rebuffs President Trump’s Tariffs

The dollar index (DXY00 ) fell from a 4-week high on Friday and finished down by -0.13%. Weaker-than-expected US economic news knocked the dollar lower on Friday. US Q4 GDP, the Feb S&P manufacturing PMI, and the University of Michigan US Feb consumer sentiment index all were weaker than expected...

Barchart

A Note on Tariff Refunds

Thanks to our victory in the tariff case before the Supreme Court, businesses that paid billions of dollars in illegally collected tariffs can seek refunds. But the process may be difficult.

Reason

Trump announces new 10% global tariff after Supreme Court ruling: What are Sections 122, 232 and 301? Explained

US President Donald Trump said he would sign new orders aimed at restoring tariffs using alternative legal authorities after the Supreme Court struck down a large portion of his previous measures.

The Times of India

The Supreme Court’s bombshell tariff ruling failed to answer a $133 billion question over refunds: Now what?

Costco and other firms that filed early lawsuits may have an edge when it comes to collecting any refunds.

Fortune

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Reason

Trump Orders New 10 Percent 'Global Tariff' After Supreme Court's Rebuke

The new tariff will be implemented under a 1974 law that gives the president authority to impose tariffs for up to 150 days.

Reason

'Huge Relief': Small Business Owners Celebrate Supreme Court Striking Down Trump's Tariffs

The battle against the president's so-called reciprocal tariffs is won, but the war for free trade and a stable business environment continues.

International Business Times

Trump Slams Supreme Court Justices Who Ruled Against Tariffs As 'Disloyal'

At a press briefing Friday, Trump publicly reacted to the Supreme Court ruling that he didn't have the power to implement wide tariffs as part of the International Emergency Economic Powers Act.

Euronews

Trump raises global tariffs from 10% to 15% 'effective immediately'

The US president said that the new measure will effective immediately raise the 10% worldwide tariff on countries, many of which 'have been ripping the US off for decades, without retribution.'

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Digital Camera World

The Supreme Court has turned down some Trump tariffs. What does that mean for camera prices?

A Supreme Court ruling will impact around half of the US tariffs, but what does that mean for camera prices in the US?

Axios

Trump "absolutely ashamed" of SCOTUS for tariffs ruling

Trump previously claimed the U.S. economy would struggle if the Supreme Court shot down his policy.

Tom’s Hardware

U.S. Supreme Court shoots down President Trump’s tariffs — Consumer Technology Association hails 'victory for all Americans,' calls for swift refunds to retailers (update)

The Supreme Court told the Trump administration that the term "regulate" in the IEEPA does not give White House authority to impose tariffs on imports.

The Independent UK

The Latest: Trump addresses press after Supreme Court strikes down his sweeping tariffs

The Supreme Court struck down President Donald Trump’s far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda

Fortune

America’s debt problem just got worse by $2 trillion with the Supreme Court’s tariff ruling

Many shoppers and companies might cheer the drawdown of Trump’s tariffs, but the truth is America really needed that money.

The Conversation

Supreme Court rules against Trump’s emergency tariffs – but leaves key questions unanswered

President Donald Trump’s economic agenda took a major hit when the Supreme Court struck down many of his most sweeping tariffs. While Trump has options to restore some of the tariffs, he’s losing his most powerful tool to impose them almost at will as a bargaining chip with other countries.

The Independent UK

The Trump tariffs most affected after Supreme Court ruling

Despite this significant ruling, many sectoral tariffs introduced by Mr Trump over the past year remain in effect

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