The US Supreme Court ruled that President Donald Trump overstepped his authority when imposing sweeping tariffs using a law intended for national emergencies.
The ruling invalidates a majority of the tariffs Trump imposed.
This decision could help bring down the cost of consumer products, including phones, tablets, and more.
Since taking office, President Donald Trump has been aggressively imposing tariffs on other countries, just as he said he would during his campaign run in 2024. As expected, companies are choosing not to absorb the expenses and are instead passing the costs down to consumers. This comes in the form of increased prices for everyday products, like phones, tablets, computers, and so on. However, a new ruling may be a sign that some relief could be on the way.
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