Supreme Court May Challenge Trump's Economic Tariffs, But Effects Might Be Limited

Reported about 9 hours ago

The Supreme Court is examining the legality of former President Trump's extensive tariffs, which many Americans hope could ease high prices. However, market analysis suggests that these tariffs have had a relatively modest impact on inflation. Despite increasing import taxes, the overall rise in prices has not been as drastic as perceived, and businesses have largely absorbed these costs for now. Even if the Court rules against Trump, he has other avenues to implement tariffs, potentially leaving consumers facing higher prices in the future.

Source: YAHOO

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