Economic News

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.

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.

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...

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.

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.
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