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‘There will be lawsuits’: Oregon AG says Americans are owed refunds for Trump’s sweeping tariffs
MSNBC· 2026-02-21 16:19
But we begin this hour with the Supreme Court's striking blow to the futur of President Trump's signature economic policy. Yesterday, three conservative justices joined the high court's three liberal justices in the 6-3 decision that ruled Trump exceeded his authority when he used a law reserved for national emergencies to impose his sweeping global tariffs. The ruling invalidates many, but not all, of the tariffs Trump has implemented so far.Chief Justice John Roberts authored the majority opinion writing, ...
Tariffs are ‘never going away’: Trump plots new course after Supreme Court loss
MSNBC· 2026-02-21 14:09
The president also responded to the loss by signing a new executive order imposi a new 10 % tariffs on all countries under a different statute. It all adds to the uncertainty for American businesses who have already paid a price for Trump's tariffs. MS Now's Maya Eaglin spoke with the owner of a fifth generation family business about the impact of the tariffs that were just struck down.Well, it was obviously a huge hit to our gross profit. Very concerning. We were really watching revenue very closely becaus ...
Ex-CFPB head warns corporations will recover from tariff mania while 'the rest of us hold the bag'
MSNBC· 2026-02-21 02:00
I THINK THAT WE'RE GOING TO SEE SOON, THEY WILL ALSO DISCOVER THAT THE AGENCY THAT PROTECTS THE SAFETY OF KIDS TOYS, THE AGENCY, MY FORMER AGENCY, THE FTC THAT BANS MARTIN THE FEDERAL RESERVE, THEY DON'T INDEPENDENT. THOSE DON'T NEED TO BE INDEPENDENT. THE ONE AGENCY THAT DOES NEED TO BE INDEPENDENT IS THE FEDERAL RESERVE.THEY DON'T BELIEVE BELIEVE IN CHECKS AND BALANCES. THEY BELIEVE IN THEIR RETIREMENT ACCOUNTS. AND, ROHIT, I DO HAVE TO SAY I SHARE IN THE PRESIDENT'S GRIEVANCE A LITTLE BIT THAT THERE WAS ...
X @The Wall Street Journal
The Wall Street Journal· 2026-02-20 22:06
$133 billion is now in a state of limbo. The fight over refunds has already begun. https://t.co/9eKs4ya6vs ...
The Supreme Court struck down Trump's tariffs. Now what?
Yahoo Finance· 2026-02-20 21:05
It's going to set us on a whole new prosperous path. >> Right over there. >> Just a little while ago, the US Supreme Court announced it had struck down President Trump's tariffs.>> I want to be very well behaved. I didn't want to do anything that would affect the decision of the court because I understand the court. I understand how they're very easily swayed.I want to be a good boy. >> The vote was six to three, three justices dissenting. Um and this could affect potentially $170 billion dollar worth of ta ...
X @Wendy O
Wendy O· 2026-02-20 15:11
Trump’s tariffs are illegalBillions will be refundedThe average American taxpayer loses againHold BitcoinThe Kobeissi Letter (@KobeissiLetter):BREAKING: The Supreme Court of the United States has officially ruled that President Trump's tariffs are illegal, in a 6-3 ruling.The US now faces $150+ billion in potential tariff refunds. https://t.co/M7roTQH8WP ...
2026 Tax deductions: New rules for tax filers
Yahoo Finance· 2026-01-31 17:01
With age-old myths still puzzling American filers, there are several new tax rules, too. We're actually coming from President Trump's big, beautiful bill. Emma Aerman joins me to unpack what you need to know before your taxes are due on April 15th. Emma, what do I need to know.>> A lot. I mean, filing your taxes has never been accused of being easy, but like you said, with the passage of the One Big Beautiful Bill Act last year, there are a lot of new provisions to consider. Um, so some of those can, you kn ...
Why Tariff Refunds Might Not Lower Prices
CNBC· 2026-01-20 17:00
Importers were hoping for quick refunds on billions of dollars spent on tariffs, but trade attorneys warn it could take years. The Court of International Trade, or CIT, is facing over 1,000 refund-related cases. If the Supreme Court rules tariffs are illegal, questions of refunds could bounce back and forth between the courts for months, or even years.I've been speaking with trade lawyers and other experts and there are three possible scenarios they lay out. Scenario one, the Supreme Court could rule the ta ...
X @aixbt
aixbt· 2025-11-20 18:33
megaeth refunds $1.34b to 53,000 wallets on november 21st. monad ico closes november 23rd. that's a 48 hour window where disappointed allocators holding liquid usdt need a new l1 play. monad sitting at 80% filled needs $37m to close. megaeth participants averaged $25k bids. do the math ...