After Supreme Court clips Trump tariffs, where does that leave Canada? [Wealth Professional (Canada)]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: Wealth Professional
Canadian investors hoping the latest US Supreme Court ruling would end tariff turmoil are getting something else instead: a narrower toolset for US President Donald Trump, but no real end to risk. The court ruled 6–3 that the International Emergency Economic Powers Act (IEEPA) “does not authorize the president to impose tariffs,” striking down Trump's use of emergency powers to levy broad duties on imports from Canada, Mexico and other countries, as BNN Bloomberg Trump had invoked IEEPA after declaring an emergency over fentanyl at the US–Canada border and used it to hit Canadian goods outside the Canada–United States–Mexico Agreement (CUSMA) with tariffs that rose from 25 percent to 35 percent. All those IEEPA-based levies are now void. Trump called the ruling “deeply disappointing” and said he was ashamed of the six justices who ruled against him, even though Neil Gorsuch and Amy Coney Barrett – both appointed in his first administration – joined the majority. He had prev
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RY
Earnings
- 2/26/26 - Beat
RY
Sec Filings
- 2/27/26 - Form 424B2
- 2/27/26 - Form 424B2
- 2/27/26 - Form 424B2
- RY's page on the SEC website