Account

The Actual News

Just the Facts, from multiple news sources.

How three businesses are coping with tariff limbo

How three businesses are coping with tariff limbo

Summary

Three businesses in the U.S. are dealing with uncertainty because of changing import taxes, known as tariffs. Although a court has canceled most of these taxes, they are still being collected until the Supreme Court makes a final decision.

Key Facts

  • U.S. importers are affected by current import taxes, also called tariffs.
  • A federal appeals court recently canceled many of these tariffs.
  • Despite the court's decision, the tariffs are still being collected for now.
  • The final decision on these tariffs will come from the Supreme Court.
  • This situation causes uncertainty for businesses that rely on imports.

Source Information