The U.S. Supreme Court is set to rule on cases challenging tariffs imposed by President Trump under the International Emergency Economic Powers Act, which could lead to refunds of nearly $150 billion to importers. Major corporations like Costco and Revlon have sued the government over these tariffs. The tariffs fall into three categories and certain industries are exempt due to critical nature and global supply chains. The EU and other countries have struck deals with the U.S. to reduce tariffs in exchange for market access. Many countries and industries are affected by the IEEPA-based tariffs, with varying rates and impacts on companies like Lenovo, Volvo, and Nike.

Read more at Yahoo Finance: Factbox-Countries and industries most exposed to Trump’s IEEPA-based tariffs