Exxon, Suncor and Supreme Court
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The decision raises uncertainty over tariff refunds and prompts Trump to propose new import duties under separate law.
President Trump's new tariffs could further strain global trade relations, pushing businesses to operate more cautiously and hurting the U.S. economy.
The question before the justices in a lawsuit filed by Michigan seeking to close part of the line was narrow. But the dispute raises broader questions about states’ power to regulate fossil fuels.
The Supreme Court divided 6-3 in finding that a federal law known as IEEPA does not authorize the president to impose tariffs.
A U.S. state wants $8.68B back after Supreme Court ruling.
By Jan Wolfe Feb 22 (Reuters) - The U.S. Supreme Court is set to explore legal questions arising from the fraught history of U.S.-Cuban relations when it considers the scope of a 1996 law that lets U.
President Donald Trump says he's imposing a temporary global tariff of 10% after his far-reaching tariff regimen was struck down by the Supreme Court.