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Court Blocks Trump's Global Tariffs, Opens Refund Floodgates
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Federal Court Blocks Trumps Global Tariffs, Opening Floodgates for Refunds
A federal court in New York has ruled President Trumps ten percent global tariffs illegal, marking a significant setback for his protectionist policies. The ruling, which came after small businesses and Washington state sued, has blocked collections for those plaintiffs and could pave the way for more companies to demand refunds on what theyve already paid. The administration is expected to appeal, but the decision highlights the limits of presidential power in trade matters and the role of Congress in setting tariff policy.
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