The Supreme Court heard oral arguments on November 5 about the legality of President Donald Trump’s tariffs. | Mandel Ngan/AFP via Getty Images
Key takeaways
The Supreme Court might soon overturn most of Trump’s tariffs.
If those tariffs ceased to exist, prices would fall, growth would accelerate, and employment would rise.
But Trump can probably reinstate any overturned tariffs on a different legal basis.
The Supreme Court may soon upend President Donald Trump’s trade war.
Various state governments and small businesses are challenging the legality of most of Trump’s tar
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