Category: Supreme Court (US)

Businesses Celebrate Tariff Relief, And Brace for New Uncertainty

The New York Times – Business:
The Supreme Court’s ruling against many of President Trump’s tariffs cheered executives who set to work seeking refunds on their duties.
Tariff Whiplash Clouds Outlook for Federal Budget

The New York Times – Business:
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.
Trump Plans to Impose Tariffs a Different Way After Supreme Court Loss

The New York Times – Business:
The administration has been preparing for months for the possibility that the court would rule against the president and developed contingency plans.
Supreme Court Justices Strike Down Trump’s Tariffs

The New York Times – Business:
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.
U.S. Imports Grew in 2025, as Trump’s Tariffs Reshuffled Global Trade

The New York Times – Business:
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.
A Rug Maker Withstood One Year of Trump’s Tariffs. New Challenges Loom.

Loloi stockpiled rugs from India, Turkey and other countries in advance, but inventory is running low.
Fed, Signaling Little Urgency, Prepares to Pause on Rate Cuts

The Federal Reserve is expected to hold interest rates steady on Wednesday, despite relentless attacks from President Trump over borrowing costs.
Supreme Court Hearing Reveals Unease Over Threats to Fed Independence

As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.
4 Takeaways from Supreme Court Hearing on Trump’s Firing of Fed Official

The justices were alert to the central bank’s crucial role and wary of issuing a broad ruling based on rushed briefing and incomplete information.
Supreme Court Considers Trump’s Attempt to Fire Fed Governor Lisa Cook

The justices deferred a decision on the president’s efforts to oust Cook, agreeing to hear arguments on Wednesday instead.
Federal Reserve Inquiry Clouds Trump’s Supreme Court Bid to Oust Lisa Cook

The court is set to hear Ms. Cook’s case challenging her firing as the Justice Department investigates Jerome H. Powell, the central bank chair.
Supreme Court Grapples With Louisiana Coastal Lawsuits Against Oil Companies

The justices heard arguments over whether oil companies sued by Louisiana could move the cases from state to federal court, a venue thought to be friendlier to corporate interests.