Home » Supreme Court blew a nearly trillion-dollar hole in budget by striking down Trump tariffs

Supreme Court blew a nearly trillion-dollar hole in budget by striking down Trump tariffs

The Supreme Court’s decision earlier this year striking down President Trump’s first attempt at global tariffs will sock it to the U.S. Treasury, blowing a nearly trillion-dollar hole in the budget over the next decade, according to the Congressional Budget Office.

The Supreme Court’s decision earlier this year striking down President Trump’s first attempt at global tariffs will sock it to the U.S. Treasury, blowing a nearly trillion-dollar hole in the budget over the next decade, according to the Congressional Budget Office.