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Stock impact report

How the Supreme Court's ruling on Trump's tariffs could impact consumer stocks [MSNBC.com]

Procter & Gamble Company (The) (PG) 
Last procter & gamble company (the) earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: MSNBC.com
A long-awaited Supreme Court decision on presidential tariff authority could come as soon as Friday with implications for the world's biggest consumer-facing companies. Before the high court is the issue of whether tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act, or IEEPA for short, are legal. Friday is the earliest possible day for the justices to issue an opinion after their January decision window came and went with no action taken. During arguments back in November, liberal — and even some conservative — justices expressed skepticism about the legality of the levies. The ruling matters because IEEPA-based tariffs directly affect pricing, margin, and inventory strategies — core drivers for consumer staples companies such as Costco and Procter & Gamble , and consumer discretionary companies like Amazon and TJX Companies . All four names are part of the CNBC Investing Club's portfolio. Under the current tariff regimen, management teams Show less Read more
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