The Supreme Court is ready to listen to oral arguments on Wednesday in a case that may decide the destiny of President Donald Trump’s steepest tariffs, carrying implications for costs paid by customers and rates of interest set by the Federal Reserve, economists advised ABC News.
The nation’s highest courtroom will weigh in on the lawfulness of far-reaching levies on dozens of nations unveiled in a Rose Garden ceremony that Trump dubbed "Liberation Day." The case additionally considerations tariffs imposed on China, Mexico and Canada, in addition to a baseline 10% levy slapped on practically all imports.
