Trump announces new 10% global tariff
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The administration appears undeterred after the Supreme Court ruled against a key tool for tariffs.
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How do tariffs work?
Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive. Governments use tariffs for several reasons. They raise ...
WASHINGTON — President Donald Trump has once again turned to tariffs to try to get his way with a U.S. trading partner. This time, the target is Mexico: Trump plans to impose 5% tariffs on Mexican imports starting June 10 and to ratchet them up to 25% by ...
It has been slightly over six weeks since the Supreme Court heard oral arguments in the challenge to President Donald Trump’s power to impose sweeping tariffs in a series of executive orders earlier this year. During the lengthy debate over those tariffs ...
Governments around the world reacted with caution after the US Supreme Court invalidated President Donald Trump’s broad emergency tariffs, with some reaffirming existing agreements and others taking a wait-and-see approach to evaluate his next steps.
About $3.3 billion in tariffs paid by Indiana importers is in limbo after the Supreme Court struck tariffs down. Will Hoosiers get that money back?
The move comes after the Supreme Court handed the White House a huge setback to one of its signature economic and foreign policy tools.