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The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court.
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The Supreme Court on Friday struck down President Trump's tariffs. But the justices left a $133 billion question unanswered: What's going to happen to the money the government has already collected?
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The Supreme Court decision striking down most of the Trump administration's tariffs adds fuel to a brushfire of concern among economists about the worsening federal debt outlook.
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Trump slams justices after Supreme Court strikes down most of his tariffs The Washington PostA defiant Trump vows new tariffs while fuming at Supreme Court CNN‘Murky Waters' for Global Businesses After Trump's Tariff Loss The New York TimesTrump's New Trade Agenda Is on a Collision Course With Midterms The Wall Street JournalTrump news at a glance: president lobs insults at US supreme court for striking down his global tariffs
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The nation's highest court struck down some of U.S. President Donald Trump's most sweeping tariffs on Friday, in a 6-3 decision that he overstepped his authority when using an emergency powers law to justify new taxes on goods from nearly every country in the world.
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U.S. economic growth slowed sharply at end of 2025, dragging down the year The Washington PostFourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3% CNBCU.S. Economy Grew More Slowly at End of 2025 The New York TimesGDP (Advance Estimate), 4th Quarter and Year 2025 Bureau of Economic Analysis (BEA) (.gov)Trump's economy dec
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Stock Market Today: Nasdaq Charges Higher As Trump Announces Global Tariff; Nvidia Rises (Live Coverage) Investor's Business DailyStock Market Today: Dow, S&P 500 and Nasdaq climb; Trump announces new 10% global tariff after Supreme Court strikes down emergency tariffs; Treasury yields rise, dollar retreats MarketWatchThe Friday trade returns. US stocks make a recovery investingLive
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President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
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Soundcore Capital Partners has scored a $450m final close for its second flagship fundraise, with demand in excess of the fund's hard cap.
The post Soundcore Capital Partners turns down excess LP demand in $450m hard cap fund close appeared first on AltAssets Private Equity News.
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The Supreme Court's decision striking down most of President Donald Trump's tariffs left at least one big question unanswered: What about refunds?
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Shares of Walmart rallied Thursday after the company indicated that the downbeat profit outlook it had provided was basically a way for the retail behemoth to underpromise so it could overdeliver.
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