One suburban toy company that took its fight all the way to the top is celebrating the Supreme Court's ruling on Friday on Trump's tariffs.
Breakdown
- Toy company wins landmark Supreme Court case on tariffs 6s
- Company argued Trump lacked authority under IEPA for tariffs 45s
- Tariffs cost the company $14 million last year 1m 9s
- Supreme Court ruled 6-3 in company's favor; tariffs to be removed 1m 27s
- Uncertainty remains over reimbursement for tariff expenses 2m 17s
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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.