Supreme Court Trump tariff decision impact: What to expect as fight for billions in refunds begins

The Supreme Court ruling that many of President Trump’s tariffs are illegal will lead to a process where billions of dollars in refunds, as much as $175 billion according to estimates, will be sought by companies. The ruling did not clearly grant refund payments and President Trump said on Friday afternoon that a court fight over refunds could take years, and he announced a new 10% global tariff would be implemented.