Supreme Court to Rule on Trump Tariffs
As the U.S. Supreme Court prepares to weigh in on the legality of President Donald Trump’s sweeping tariffs, small business owners in St. Joseph are feeling the economic pressure.
A local retailer, who wishes to remain anonymous, noted that they are seeing an impact on people's spending habits, with sales being slower. The retailer commented that since most products are not made in the US, costs have increased significantly, by an average of 15-20% for imports.
- The Supreme Court is expected to hear arguments in early November.
- President Trump appealed a federal ruling that declared his “Liberation Day” tariffs unlawful.
- Two lower courts, the Court of International Trade and the U.S. Court of Appeals, have previously ruled on the matter.
The high court's decision will have a significant impact on small businesses and consumers.
Author's summary: Supreme Court to rule on Trump tariffs amid economic strain.
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