Yale University

Company

Last mentioned: 2d ago

Timeline

  1. Refund Demands

    Governors Newsom and Pritzker demand immediate repayment of $130B to taxpayers.

  2. SCOTUS Ruling

    Supreme Court rules 6-3 that the tariffs are illegal and exceed executive authority.

  3. Legal Challenges Mount

    Multiple states and trade groups file suit against the Treasury Department.

  4. Tariff Implementation

    Trump administration invokes emergency powers to impose sweeping global tariffs.

Stories mentioning Yale University 1

market-trends Bearish

SCOTUS Voids Trump Tariffs: Governors Demand $130B in Consumer Refunds

Following a landmark Supreme Court ruling striking down emergency-power tariffs, Democratic governors are demanding the federal government refund over $130 billion to American households. Governors Gavin Newsom and J.B. Pritzker argue the illegal duties inflated retail prices and harmed working families, setting the stage for a massive fiscal and legal battle.

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