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Trump’s ‘reciprocal’ tariffs that price Apple $2 billion shot down by Supreme Court docket

Source link : https://tech365.info/trumps-reciprocal-tariffs-that-price-apple-2-billion-shot-down-by-supreme-court-docket/

Ten months after Trump imposed sweeping tariffs that harm US companies and customers, and hit Apple to the tune of $2 billion, the Supreme Court docket has dominated that it was performed illegally. Refunds shall be messy.Trump launching his tariffs in April 2205Trump was at all times anticipated to introduce tariffs, however the extent of his April 2025 “Liberation Day” ones caught the world abruptly. The claimed arithmetic behind the unique charges was ridiculed, after which Trump additional raised them to ostensibly punish international locations, and even people like Tim Prepare dinner.The Supreme Court docket has dominated 6 to three that imposing the tariffs with out Congress’s involvement was unlawful. Chief Justice John Roberts wrote the ruling, which denied Trump’s declare that the Worldwide Emergency Financial Powers Act (IEEPA) gave him the authority to behave unilaterally. Proceed Studying on AppleInsider | Talk about on our Boards

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Author : tech365

Publish date : 2026-02-20 19:21:00

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