The Supreme Court ruling also allowed Trump a peculiar loophole to strengthen his hand against bargaining trade partners, Ross said.

A trade court has cleared the way for businesses to receive refunds for tariffs that the Supreme Court struck down last month.

The Supreme Court ruling also allowed Trump a peculiar loophole to strengthen his hand against bargaining trade partners, Ross said.

In the past year, tariffs were, at least partly, responsible for 166,000 lost blue-collar jobs and $1,700 in annual increased costs for American households.