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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Supreme Court Ruling
The U.S. Supreme Court recently ruled against President Donald Trump's use of emergency powers to impose international trade tariffs, a key element of his economic strategy. The court's decision, with a 6-3 vote, stated that the 1977 International Emergency Economic Powers Act does not permit the president to unilaterally impose tariffs.
## Trump's Response
In response to the ruling, Trump announced plans to implement a 10% tariff on all imports into the United States. He expressed disappointment with the court, accusing it of being influenced by foreign interests, and claimed the ruling left him "more powerful" to protect the country through tariffs.
## Economic Impact
Business groups welcomed the court's decision, with the National Retail Federation highlighting the "much-needed certainty" it provides for American businesses. However, the process for refunding tariffs to U.S. importers remains unclear and could lead to further legal challenges.
## Political Reactions
Democratic leaders celebrated the ruling, viewing it as a victory for American consumers. Senate Minority Leader Chuck Schumer praised the decision, while Senator Elizabeth Warren noted the lack of a legal mechanism for consumers to reclaim previously paid tariffs. Meanwhile, California Governor Gavin Newsom called for immediate refunds to Americans.
## International Reactions
The European Union is reviewing the court's decision and plans to maintain communication with the Trump administration. The UK and Canada also responded, with Canada affirming the unjustified nature of Trump's tariffs.
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