Supreme Court Rules Trump Tariffs Illegal as Trade Deficit Reaches Record 1.24 Trillion Dollars

The Supreme Court ruled Donald Trump's sweeping tariff program illegal as new data shows the policy failed to reduce the record 1.24 trillion dollar trade deficit after one year.While the measures generated 170 billion dollars in revenue, factory employment declined by 89,000 jobs and half of collected fees must now be refunded to importers.Economic growth slowed to 2.2 percent despite a surge in the artificial intelligence sector while the administration seeks alternative legal paths to maintain tariffs on China and the EU.
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