Skip to main content
New Year’s Sale — Build a balanced news diet with 40% off Vantage
Published loading...Updated

The Hidden Cost of Trump’s Tariffs Has This Mass. Business Owner Losing Sleep and $100,000

The Supreme Court will decide if Trump exceeded his authority using the 1977 International Emergency Economic Powers Act for tariffs affecting China, Canada, and Mexico.

  • On Friday, the U.S. Supreme Court is expected to issue rulings including the legality of President Donald Trump's sweeping global tariffs, a case with potential global economic impact.
  • The case reached the high court following appeals from losing rulings after lower courts, including the Court of International Trade, found the administration exceeded authority under the 1977 law.
  • During Nov. 5 oral arguments, justices raised doubts, with Justice Neil Gorsuch questioning Congress's power loss and Chief Justice John Roberts stating tariffs `has always been the core power of Congress`.
  • If the court rules against the administration, refunds could be required as Treasury Secretary Scott Bessent said about half the tariffs may need refunding, and the administration would pursue other statutes.
  • A ruling could reshape presidential emergency powers and trade policy, as analysts note slower job growth in job sectors exposed to imports despite US gross domestic product growing 4.3 percent.
Insights by Ground AI
Podcasts & Opinions

21 Articles

Left

The U.S. Supreme Court will issue its opinions on various cases next Friday and one of them is expected to be on the tariffs imposed by President Donald Trump, according to the court's website.

·Mexico
Read Full Article
Lean Right

U.S. President Donald Trump defined himself this Tuesday as ‘Don Tariff’, celebrating the new record levels on Wall Street, and expressed his desire that the Supreme Court should not cancel the bulk of the global charges imposed by his administration. “The U.S. markets have just reached another historic peak, all of them. Thank you, Don Tariff! (in reference to himself) Let us pray that the U.S. Supreme Court will allow our country to continue i…

·Mexico
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Tuesday, January 6, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal