The Supreme Court on Friday struck down most of President Donald Trump’s sweeping tariffs, a ruling that deals a major blow to his signature economic policy and represents a stinging political setback. In a 6-3 decision, the justices ruled the president did not have the authority under a 1977 emergency economic powers law to impose import levies on goods from nearly all of the nation’s trading partners. The decision is expected to reverberate widely, affecting global trade, consumers, companies, inflation and the pocketbooks of every American.
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In rare rebuke of Trump, Supreme Court strikes down tariffs appeared first on Washington Post.
