Supreme Court Rules Trump Tariffs Illegal, Leaving Businesses Billions in Refunds and Years of Legal Battles Ahead

The Supreme Court ruled the Trump administration illegally collected emergency tariffs, ordering up to $175 billion in refunds to businesses. This decision significantly limits executive power to impose tariffs for revenue, but legal experts warn refunds could take years of litigation. The government plans to explore other tariff authorities, though some come with built-in congressional oversight.