The Supreme Court has ruled against major tariffs, but the trade landscape remains volatile.

Following a Supreme Court decision declaring specific sweeping tariffs imposed by President Trump illegal, this episode examines the legal fallout, the potential for refunds, and the implications of newly announced trade measures.

The Supreme Court's ruling has invalidated significant tariffs initiated by President Trump early last year. This decision has prompted critical questions regarding the legality of these trade barriers and whether businesses or individuals affected by them are entitled to financial restitution.

Beyond the immediate impact of the court's decision, the episode addresses the emergence of a specialized market focused on securing tariff refunds. It also analyzes the broader context of trade policy, specifically looking at the introduction of a new 10 percent tariff announced by the President.

Source: The Supreme Court struck down a bunch of Trump's tariffs. Now what? | Planet Money