Shares on Wall Street – a metric closely watched by Trump – rose modestly Friday after the decision, which had been expected.<\/p>\n
Business groups largely cheered the ruling, with the National Retail Federation saying this “provides much-needed certainty” for companies.<\/p>\n
In court arguments, the Trump administration said companies would receive refunds if the tariffs were deemed unlawful. But the Supreme Court’s ruling did not address the issue.\u00a0<\/p>\n
Trump said he expected years of litigation on whether to provide refunds. Kavanaugh noted the refund process could be a “mess”.<\/p>\n
Several countries have said they are studying the Supreme Court ruling and Trump’s subsequent tariff announcements.\u00a0<\/p>\n
German Chancellor Friedrich Merz said Saturday he would hold talks with European allies to formulate “a very clear European position” and a joint response to Washington before he travels to the US capital in early March.<\/p>\n
On the domestic front, Pennsylvania Governor Josh Shapiro, a Democrat, said on X it was time for Trump to “listen to the Supreme Court, end chaotic tariffs, and stop wreaking havoc on our farmers, small business owners, and families”<\/p>\n","protected":false},"excerpt":{"rendered":"Shares on Wall Street – a metric closely watched by Trump – rose modestly Friday after the decision,…\n","protected":false},"author":2,"featured_media":296540,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,65,219,111,139,69,34685],"class_list":{"0":"post-296539","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-donald-trump","10":"tag-economy","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-trade-tariffs"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/296539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=296539"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/296539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/296540"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=296539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=296539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=296539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}