The chances of businesses getting tariff refunds grew significantly on Wednesday after the Trump administration’s case to keep most of his levies in place was met with deep skepticism from multiple conservative and liberal justices.

We don’t expect any demand from China to return to the U.S. market with this change,’ said one trader at an international trading company. ‘Brazil is cheaper than the United States and even non-Chinese buyers are taking Brazilian cargoes.

Supreme Court justices expressed skepticism about Donald Trump's use of emergency law to impose global tariffs during oral arguments Wednesday.

Clear Statements is a recurring series by Abbe R. Gluck on civil litigation and the modern regulatory and statutory state. Verbs, verbs, verbs.

While Trump seeks to advance his trade agenda, some conservative justices appeared eager to advance an agenda of their own. Members of the court’s GOP-appointed majority sharply questioned the administration’s tariffs using a pair of legal doctrines important to conservatives’ long-running battle to rein in the so-called administrative state.

Texas Gov. Greg Abbott says he’ll impose a 100% tariff on New Yorkers moving to Texas after Election Day amid the city’s heated Cuomo–Mamdani mayoral race.

Toyota, Honda and Nissan forecast big hits to their profits from higher tariffs that they acknowledged were likely ‘here to stay.’