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A US court's decision calling most of President Donald Trump's tariffs "illegal" doesn't apply to India and Brazil, Bloomberg reported citing trade lawyer Mollie Sitkowski's client note. This is because both countries were tariffed under separate provisions of the emergency law. The court order could trigger hundreds of billions in refunds for companies and consumers who've already paid levies.
short by Ashley Paul / 10:35 am on 31 Aug
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