The Times of India

Trump tariff trial: What happens if US duties are struck down? Traders 'worried' for $150 billion refunds possibility

US companies and trade lawyers are bracing for a potential $150 billion refund battle as the Supreme Court hears a case challenging President Trump's use of emergency powers for global tariffs. The outcome hinges on whether the International Emergency Economic Powers Act grants authority for such duties, with skepticism from justices fueling expectations of tariffs being struck down.