Businesses celebrate win at Supreme Court over Trump on tariffs

NEW YORK/LONDON, Feb 20 (Reuters) – Thousands of businesses won a hard-fought victory when the U.S. Supreme Court ruled to overturn the White House’s emergency tariffs, but the process of getting refunds has only just begun. In a decision that could ripple throughout the global economy for years, the court ruled that U.S. President Donald Trump was not allowed to use the 1977 International Emergency Economic Powers Act to levy broad tariffs on imports. The corporate world has spent months adjusting to Trump’s often-evolving trade policy and his central use of tariffs for his agenda, not just to address trade…