The tariffs thrown out by the Supreme Court had become an important revenue source. President Trump said he could replace that money with other levies.
Category: Customs (Tariff)
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Trump Plans to Impose Tariffs a Different Way After Supreme Court Loss
The administration has been preparing for months for the possibility that the court would rule against the president and developed contingency plans.
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Supreme Court Justices Strike Down Trump’s Tariffs
President Trump is the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
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Trump and Indonesia Sign Trade Deal, Locking in 19% Tariffs
The countries made official an agreement reached last year, with Indonesia avoiding a higher tariff and committing to cooperate on export controls.
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U.S. Imports Grew in 2025, as Trump’s Tariffs Reshuffled Global Trade
Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest on record.
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Trump Hails Japan’s First Batch of U.S. Investments
The deals, totaling $36 billion, were the first step in a $550 billion investment pledge aimed at securing tariff relief and sustaining U.S. relations.
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The Quiet Architect of Trump’s Global Trade War
Jamieson Greer, a low-key lawyer from a working-class background, is rewriting the rules of the global economy at the president’s behest.
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U.S. Inflation Eased at Start of the Year
The Consumer Price Index fell in January to 2.4 percent from 2.7 percent a month
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Crises Everywhere, but the Markets Don’t Seem to Mind
Stocks have prospered while the world has plunged into disorder, an economist says. “Keep calm and carry on” may be the best investors can do.
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Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
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India’s Prime Minister Faces Blowback Over Trade Deal With Trump to Lower Tariffs
Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but critics say he undermined Indian sovereignty and undercut the nation’s farmers.
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Federal Debt to Hit Record Levels, Budget Office Warns
President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.