Trump, tariffs
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After the U.S. Supreme Court ruled U.S. President Donald Trump’s IEEPA tariffs were illegal last week, tens of billions of dollars in refunds were suddenly on the table. But the ruling doesn't spell out a clear path for getting those refunds — and they're yet to be confirmed by the White House.
Flexport CEO Ryan Petersen joins 'Squawk on the Street' to discuss tariff refunds for American consumers and companies after the Supreme Court struck down the IEEPA tariffs.
Flexport deploys Agentic AI, led by 'Audit Your Customs Broker,' an autonomous compliance agent that reviews past filings, finds mistakes, and helps businesses recover refunds.
Companies could get a “windfall” through tariff refunds—and consumers could file their own litigation to recover from price increases.
In a much-anticipated decision, the US Supreme Court has ruled that most of the president's tariffs are unconstitutional because of how he implemented them. But the administration has a backup plan.In a political setback for President Donald Trump,
Tariffs can play multiple roles: they have traditionally been used as instruments of trade policy, and the Trump administration has increasingly employed them as foreign policy tools to extract concessions from other countries. Although tariffs have seldom ...
The decision is a major setback for President Trump, who responded by imposing a 10 percent global tariff after lashing out at the justices who ruled against him. Trade deals his administration has struck with countries around the world are now in question.