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flag The Supreme Court will decide if Trump’s tariffs, imposed without Congress, were legal.

flag The U.S. Supreme Court is set to rule on the legality of former President Donald Trump’s broad tariffs imposed under the International Emergency Economic Powers Act, a decision that could reshape presidential authority over trade and taxation. flag The court will determine whether the president can unilaterally impose tariffs without congressional approval, a power traditionally held by lawmakers. flag Lower courts have previously found the tariffs exceeded legal authority, particularly when applied to allies like Mexico, Canada, and India without valid emergency justification. flag A ruling against the tariffs could trigger refunds of $150 billion to $200 billion and boost markets, especially benefiting import-dependent sectors, while a decision upholding them may expand executive power and raise concerns about the balance of power between branches of government.

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