The Supreme Court’s stunning rebuke of President Donald Trump’s most sweeping tariffs means he can’t conjure up new import taxes on a whim anymore.
Supreme Court strikes down Trump tariffs
The United States Supreme Court today ruled that President Donald Trump’s tariffs are illegal.
Trump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil
President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil.
CAPAC sounds alarm: Trump tariffs and immigration raids devastate AAPI economy
Across the United States, AAPI small business owners are feeling significant impacts from President Donald Trump’s tariffs—many of which the federal U.S. Court of Appeals have deemed illegal.
Washingtonians may face more food insecurity, lose jobs, healthcare, from Trump tariffs
If President Donald Trump’s tariff war keeps playing out at current levels, Washington is set to lose as many as 25,000 jobs—even as, at the same time, the cost of groceries for an average family will significantly increase over the next two years, and more families will rely on food banks, which themselves are already facing thinning supplies, as a result of these tariffs.
Trump to put additional 25% import taxes on India, bringing combined tariffs to 50%
President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.
Tariffs on South Korea’s products threaten the ‘K-beauty’ boom in the US
When Amrita Bhasin, 24, learned that products from South Korea might be subject to a new tax when they entered the United States, she decided to stock up on the sheet masks from Korean brands like U-Need and MediHeal she uses a few times a week.
Amazon extends Prime Day discounts to 4 days as retailers weigh tariff-related price increases
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and possibly some consumer boredom with an event marking its 11th year.
Trump to put 25% tariffs on Japan and South Korea, new import taxes on five other nations
President Donald Trump on Monday placed a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos and Myanmar.
Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%
President Donald Trump announced Wednesday that the United States will get magnets and rare earth minerals from China under a new trade framework and that tariffs on Chinese goods will total 55%.