President Donald Trump’s revised global tariff will take effect at 10% beginning Tuesday, despite his weekend statement that the rate would immediately rise to 15%. The shift follows a Supreme Court decision that struck down most of his earlier tariff framework,

The Supreme Court ruling on tariffs is good news for companies like Tesla Inc., which have seen production costs soar since last spring. It is probably good for China as well.

While the SCOTUS Ruling on Tariffs could trigger up to $175 billion in refunds, the consensus is that most retailers will not see these refunds anytime soon.

Last Friday, the U.S. Supreme Court ruled 6-3 that President Donald Trump’s use of an emergency powers law to impose his tariff agenda was unconstitutional. Since then, the president has announced