The ruling provides long-awaited clarity for businesses, given that the Supreme Court did not address the issue of refunds when it overturned the levies.
Bessent has said that he doesn’t expect the federal government’s projected tariff revenue for the year to change despite the Supreme Court's February 20 ruling
The two leaders also agreed to expand cooperation in new areas of growth, such as shipbuilding, nuclear power, supply chain and artificial intelligence.
Do not ignore the potential for your business to leverage upside as a consequence of an otherwise difficult geopolitical event, warns Gartner's David Gonzalez.
The agreements signal a reset in relations that have been strained since 2023, over allegations surrounding the killing of a Sikh separatist leader on Canadian soil.