Supreme Court cannot stop all of Trump's tariffs. Deal with it, officials say

As the Supreme Court prepares to hear arguments about President Trump's tariffs, companies like OTC Industrial Technologies are grappling with the financial storm. Trump's use of the International Emergency Economic Powers Act to impose tariffs on multiple countries has led to a national emergency, with businesses and workers worrying about the real-world impacts. Despite the legal challenges, Trump's team is ready to use different laws to keep tariffs in place, with American companies facing tough decisions about where to make their products and how to keep costs in check. The new normal might be a permanent fifteen percent tariff on many foreign goods, with businesses hoping for clear rules to adapt to the global supply chain flux and inflation pressures.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.