New Trump tariffs will remain in force despite the ruling, leaving refund questions unresolved and consumer prices uncertain.
The Supreme Court ruled Friday that President Trump overstepped his authority in ordering tariffs on nearly everything the U.S. imports. Here's some economic context to understand that decision.
President Donald Trump has imposed tariffs on $2.2 trillion worth of imported goods, claiming they protect domestic producers. Ironically, American small businesses are among those bearing the ...
We’ll explain how tariffs work, what Trump has proposed and what experts say about it, and what happened during Trump’s first term. Tariffs or customs duties are a tax on products purchased from ...
President Trump has floated a sweeping promise: tariffs on foreign goods so large and lucrative that Americans could stop paying federal income tax. The idea taps into deep frustration with the tax ...
New research shows that Americans pay almost all of the cost of U.S. tariffs rather than foreign exporters. The study analyzed millions of shipment records across recent years to track how tariff ...
Rising prices have been top of mind for consumers for several years, especially coming off the high inflation after the pandemic. Now, rising global tensions in 2025, including new tariffs, are ...
However, economic experts have predicted that Trump’s proposals also would raise costs for Americans and reduce the country’s economic growth. We’ll explain how tariffs work, what Trump has proposed ...