Supreme Court blocks Trump's emergency tariffs, billions in refunds may be owed

Here's something that caught my attention — the Supreme Court just slapped down Trump's attempt to use emergency tariffs, saying he didn't have the legal authority. ((slower)) This ruling, a 6-3 split, means those tariffs — and the billions paid by businesses — might have to be refunded. Now, here's where it gets interesting: Ashley Belanger reports that the court found the International Emergency Economic Powers Act just doesn’t give the president that kind of tariff power. So, what does this mean for companies caught in the middle? Will they get their money back? It’s still unclear, but this decision could shake up how future trade disputes are handled. The bigger picture? It’s a reminder that even the biggest executive powers have limits, especially when it comes to economic emergencies. And watch for more legal battles ahead, as lower courts figure out how to apply this ruling. Honestly, it’s a win for legal checks and balances — at least for now.