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Stock impact report

Trump Tariffs Allowed To Stand For Now, But Polymarket Traders Predict Only 25% Chance Of SCOTUS Approval [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The U.S. Supreme Court did not issue a ruling Friday on President Donald Trump's sweeping global tariffs, as traders price in a 75% chance that the Supreme Court ultimately rules in favor of Trump's tariffs. The court has not announced when it will decide the case. Trump invoked the International Emergency Economic Powers Act (IEEPA) to impose “reciprocal” tariffs on goods from nearly every foreign trading partner, citing trade deficits as a national emergency. Don't Miss: Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' — Investors Can Still Get In at $0.85/Share Sam Altman Says AI Will Transform the Economy — This Platform Lets Investors Back Private Tech Early He used the same law for duties on China, Canada, and Mexico, citing fentanyl trafficking. Trump imposed the duties by invoking a 1977 law meant for national emergencies, and lower courts ruled he exceeded his authority. The administration appealed those rulings, setting up the current Su Show less Read more
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