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Scripps News

Businesses stare down more tariff uncertainty as Trump doubles down

Scripps News · 1 month ago
Scripps News
Scripps News
1 month ago

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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