Supreme Court voids Trump's tariffs as he signs new trade order

#WashingtonDC, #USA
The USA Supreme Court invalidated a major portion of the global tariff regime after ruling 6-3 that the president cannot unilaterally levy import taxes.Chief Justice John Roberts wrote that the power to tax belongs to Congress, potentially forcing the government to refund $175 billion to companies like Apple and Toyota.Donald Trump responded by signing a new executive order for a 10% global tariff under the Trade Act of 1974, which allows temporary measures for 150 days.Investment firms like 117 Partners and founder Thomas Braziel anticipate significant profits after purchasing refund claims from importers at a discount before the ruling.
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#DonaldTrump#USASupremeCourt#JohnRoberts#Apple#ThomasBraziel#Toyota#117Partners
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