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Will refunds be issued after Supreme Court ruling on Trump tariffs?

The Supreme Court on Friday struck down a significant portion of the Trump administration's tariffs that the justices found the tariffs were imposed illegally under an emergency economic powers law.

The Court issued a 6-3 ruling that held President Donald Trump's use of the International Emergency Economic Powers Act (IEEPA) was illegal as the law "does not authorize the President to impose tariffs. The cases – Learning Resources Inc. v. Trump and Trump v. V.O.S. Selections – were brought by a pair of small businesses...

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