Murky outlook for businesses after tariff ruling prompts countermoves by Trump

NEW YORK (AP) — Businesses face a new wave of uncertainty after the Supreme Court struck down tariffs imposed by President Donald Trump under an emergency powers law and Trump vowed to work around the ruling to keep his tariffs in place. The Trump administration says its tariffs help boost American manufacturers and reduce the trade gap. But many U.S. businesses have had to raise prices and adjust in other ways to offset higher costs spurred by the tariffs. It remains to be seen how much relief businesses and consumers will actually get from Friday’s ruling. Within hours of the court’s decision, Trump pledged to sign an executive order imposing a 10% tariff on all imports that would last 150 days.

The Supreme Court struck down Trump's tariffs. Now comes the hard work of issuing refunds

WASHINGTON (AP) — The Supreme Court on Friday struck down President Donald Trump’s biggest and boldest tariffs. But the justices left a $133 billion question unanswered: What is going to happen to the money the government has already collected in import taxes that have now been declared unlawful? Companies have been lining up for refunds ahead of the court’s decision. But consumers, hoping for a refund on higher prices they paid when companies passed along the cost of the tariffs, are unlikely to be compensated. And the way forward is unclear and could prove chaotic.

Supreme Court strikes down Trump’s sweeping tariffs, sparking fierce pushback and vow of new levies

WASHINGTON (AP) — President Donald Trump says he's imposing a temporary global tariff of 10% after his far-reaching tariff regimen was struck down by the Supreme Court. The court handed him a stinging loss on an issue crucial to his economic agenda. Trump says he’s “absolutely ashamed” of justices who voted to strike down his tariffs, calling the decision “deeply disappointing.” Friday's 6-3 decision centers on tariffs he unilaterally imposed under an emergency powers law, including the sweeping “reciprocal” tariffs levied on nearly every other country. Trump has called the case one of the most important in U.S. history. The new tariffs would come under a law that restricts them to 150 days.

What to know about the Supreme Court ruling on tariffs

NEW YORK (AP) — The Supreme Court has dealt President Donald Trump a bruising loss on a cornerstone of his economic policy, striking down sweeping tariffs he imposed on nearly every country. In its 6-3 opinion, the court ruled Trump’s attempt to use an emergency powers law to enact the levies was not valid. Two out of three of the justices appointed by Trump joined the majority in striking down the first major piece of Trump’s second-term agenda to come before them. The president promised to press forward with his economic policies, saying he could pursue tariffs under other justifications.

US economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback

WASHINGTON (AP) — U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback in consumer spending. The figures point to what could be a more modest pace of growth in the coming quarters, as consumers take on more debt and cut back on saving to maintain their spending. Business investment, outside data centers and other equipment dedicated to artificial intelligence, grew at only a moderate pace. Still, a measure of underlying growth that focuses on consumer and business spending was mostly solid, economists said. The sharp slowdown in government outlays because of the shutdown shaved a full percentage point from growth.

The Latest: Trump says he’s enacted a 10% global tariff by executive order

The Supreme Court has struck down President Donald Trump’s far-reaching global tariffs. The 6-3 decision on Friday handed him a stinging loss on an issue crucial to his economic agenda. The president lashed out at the Supreme Court for striking down much of his sweeping tariff infrastructure as an illegal use of emergency power. Trump said he was “absolutely ashamed” of justices who voted to strike down his tariffs and called the ruling “deeply disappointing.” The president said on social media Friday night that he signed an executive order enabling him to bypass Congress and impose a 10% tax on imports from around the world.

What happens next after the Supreme Court slapped down Trump's tariffs

WASHINGTON (AP) — There’s little that Donald Trump has cherished more in his second term than tariffs, a symbol of his imperious approach to the presidency. He has raised and lowered them at will, rewriting the rules of global commerce and daring anyone to stop him. Now that may be over, the victim of a stunning rebuke from the Supreme Court on Friday. Trump called the ruling “ridiculous” and said he is looking for other laws to keep tariffs in place. Democrats say the decision proves Trump broke the law. Polling from AP-NORC finds that most adults oppose tariffs and expect higher prices because of them.

ChatGPT-maker OpenAI considered alerting Canadian police about school shooting suspect months ago

TORONTO (AP) — ChatGPT-maker OpenAI says it considered alerting Canadian police last year about the activities of a person who months later committed one of the worst school shootings in the country’s history. OpenAI says last June the company identified the account of Jesse Van Rootselaar via abuse detection efforts for “furtherance of violent activities.” The San Francisco tech company says it considered whether to refer the account to the Royal Canadian Mounted Police but determined at the time that the account activity did not meet a threshold for referral to law enforcement. The 18-year-old killed eight people in a remote part of British Columbia last week and died from a self-inflicted gun shot wound.

Wall Street keeps calm after the Supreme Court strikes down Trump's tariffs

NEW YORK (AP) — Wall Street kept calm after the Supreme Court struck down President Donald Trump’s sweeping tariffs, and stocks ticked higher. The S&P 500 added 0.7% Friday. It had been flipping between small gains and losses before the court’s ruling, following discouraging reports showing slowing growth for the U.S. economy and faster inflation. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite rose 0.9%. Trading was tentative across markets after the ruling and after Trump pledged to put tariffs on other countries using other avenues. Treasury yields largely held steady in the bond market.

All truckers and bus drivers will be required to take commercial driver's license tests in English

All truckers and bus drivers will have to take their commercial driver’s license tests in English as the Trump administration expands its aggressive campaign to improve safety in the industry and get unqualified drivers off the road. Transportation Secretary Sean Duffy announced the latest effort Friday to ensure that drivers understand English well enough to read road signs and communicate with law enforcement officers. Earlier this week, the Transportation Department said 557 driving schools should close because they failed to meet basic safety standards. The department has been aggressively going after states that handed out commercial driver’s licenses to immigrants who shouldn’t have qualified for them ever since a fatal crash in August.