With Trump's 'reciprocal' tariffs struck down, here are the industries still facing higher rates
President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
Read more …
Trump Rips Court on Ruling, Announces New 10% Global Tariffs
President Donald Trump on Friday blasted the Supreme Court's ruling curbing his tariff authority and announced he was imposing a new 10% global tariff beginning today, while keeping existing national security and China-era trade tariffs in place.
Read more …
Moreno: Republicans Must Codify Tariffs Through Reconciliation
Sen. Bernie Moreno, R-Ohio, is urging Republicans to use the budget reconciliation process to craft legislation that would reinstate President Donald Trump's tariffs with a simple majority vote in the Senate...
Read more …
Justice Kavanaugh: Trump Tariffs 'Clearly Lawful'
In a lengthy dissent to the U.S. Supreme Court's decision that struck down President Donald Trump's tariffs, Justice Brett Kavanaugh insisted the taxes are "lawful" and could be imposed via other means.
Read more …
US Companies Cheer Win Over Trump Tariffs
Thousands of businesses won a victory when the U.S. Supreme Court ruled to overturn the White House's emergency tariffs, but the process of getting refunds has only just begun.
Read more …
Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%
The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in Q4.
Read more …