Local business leaders, elected officials react with caution to tariff decision

Just what impact the U.S. Supreme Court decision on tariffs will have on local business is tough to tell, one local economic development leader said. The Supreme Court ruled on Friday that President Trump exceeded his authority when invoking tariffs based on an emergency powers act from the 1970s. But that does not quite settle the question, said Doug Pryor, chief executive officer for the Will County Center for Economic Development. ‘It certainly doesn’t sound like this is done,” Pryor said. “The (Trump) administration, I think, intends to go back and find other ways to do this.” That would add…