A Supreme Court ruling struck down Trump’s IEEPA tariffs, triggering an estimated $130 to $175 billion in potential refunds, while Black-owned businesses absorbed disproportionate damage with 52% reporting a decline in sales.
Trade policy
Resistance rises to Trump’s tariff war
Senator Amy Klobuchar has introduced the Trade Review Act of 2025, a bipartisan bill that would restore Congressional oversight to U.S. trade policy, in response to the economic instability caused by fluctuating tariffs imposed by President Trump.
