Many small business owners are unsure about what comes next following the Supreme Court's decision to strike down many of President Trump's sweeping tariffs.
Breakdown
- Supreme Court strikes down many of Trump's tariffs, causing business uncertainty 11s
- Trump administration plans to raise global tariffs to 15% via new mechanism 17s
- Over $130 billion in collected tariffs now faces legal challenges for refunds 41s
- Experts say businesses may get refunds, but consumers likely will not 1m 8s
- State governors urge consumer refunds, but experts see this as unlikely 1m 32s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.