SMM Update: Yellen Reveals Job Data Revision, Confidence in Tariff Ruling Win, Refund Plan if Loss

Published: Sep 13, 2025 17:05

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[SMM International Trade Tariff Update] US Treasury Secretary Yellen disclosed the following points: first, the revised employment data for 2024 may be lowered by 800,000 jobs; second, she expressed confidence in the government's victory in the Supreme Court's tariff ruling; third, if the court rules against imposing tariffs, the government will have to refund the taxes already collected.

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