
Businesses stare down more tariff uncertainty as Trump doubles down after Supreme Court ruling
Newsy
Many small business owners are unsure about what comes next following the Supreme Court's decision to strike down many of President Trump's sweeping tariffs.
Denzil Quick speaks for many small business owners when he says he's unsure about what comes next following the Supreme Court's decision to strike down many of President Trump's sweeping tariffs.
"Now we're stepping into tomorrow which is a big unknown. Because we still can't plan our business because we don't know what tomorrow brings," Quick said. "We've tried to sit down and look at the 'what if' scenarios, and you play those out in a thousand different directions, and we simply don't know. Because we don't know what the administration or the Congress will do next."
RELATED NEWS | Trump signs order for new tariffs after Supreme Court blocked earlier plan
President Trump announced over the weekend he'll raise global tariffs to 15% using a different trade mechanism than the one the Supreme Court just ruled was illegal.
On Monday the president threatened that any country that wants to "play games" following the court's decision "will be met with a much higher tariff."
