Families sending children back to school this fall are confronting more than the usual scramble for pencils, notebooks and lunch boxes. They’re facing a sharply higher bill — while some immigrant families are also preparing for the possibility that a parent could be detained. A new analysis from the Century …
Read More »New Trade Tariffs Begin Friday as Trump Targets 60 Foreign Economies
The Trump administration announced Thursday that new tariffs targeting imports from 60 foreign economies will take effect Friday, replacing the temporary 10% import duty that expires at midnight Eastern time. The Office of the U.S. Trade Representative said the new tariffs, ranging from 10% to 12.5%, are the result of …
Read More »Trump Imposes 50% Tariffs on Canadian Goods, Escalating U.S.-Canada Trade Dispute
President Donald Trump announced a new round of 50% tariffs on a broad range of Canadian imports Monday, significantly escalating trade tensions between the United States and one of its largest trading partners. The new tariffs, outlined in a series of presidential proclamations, are scheduled to take effect Aug. 19 …
Read More »Trump Administration Has Refunded $20 Billion in Tariffs So Far
The administration of President Donald Trump has refunded more than $20 billion in tariffs to importers and shipping companies after the Supreme Court of the United States struck down a central part of Trump’s trade policy earlier this year. According to a court filing submitted Tuesday, the administration had collected …
Read More »Federal Court Blocks Trump’s New Global Tariffs
A federal trade court ruled Thursday that President Donald Trump exceeded his legal authority when he imposed a new round of 10% global tariffs earlier this year, dealing another major blow to the administration’s aggressive trade agenda. In a 2-1 decision, a three-judge panel on the United States Court of …
Read More »U.S. to Launch Tariff Refund Portal after Supreme Court Ruling, but Hurdles Remain for Businesses
The federal government will launch a new online portal next week allowing businesses to seek refunds for tariffs ruled illegal by the U.S. Supreme Court, potentially opening the door to as much as $175 billion in repayments — though companies may face a complicated and lengthy process to recover their …
Read More »Trump’s New Tariffs Could Cost U.S. Households $2,500 in 2026, Democrats Warn
The administration of Donald Trump is racing to replace billions of dollars in lost tariff revenue after the U.S. Supreme Court struck down a major portion of the president’s trade agenda last month. If the administration’s new tariffs move forward, American households could pay an average of $2,512 in import …
Read More »Judge Says Businesses Must Be Refunded Tariffs Invalidated by Supreme Court
A federal judge ruled Wednesday that U.S. companies that paid tariffs imposed by Donald Trump under emergency powers later struck down by the Supreme Court of the United States are legally entitled to refunds, a decision that could force the federal government to return tens of billions of dollars to …
Read More »FedEx Sues Trump Administration Seeking Full Refund of Overturned Emergency Tariffs
FedEx sued the Trump administration on Monday, seeking a “full refund” of tariffs it paid under a sweeping emergency tariff regime that the Supreme Court of the United States struck down last week. The lawsuit follows Friday’s ruling that President Donald Trump exceeded his authority when he relied on the …
Read More »Trump Lashes out at SCOTUS after Tariff Ruling, Targets his Own Nominees
Hours after the U.S. Supreme Court struck down his sweeping global tariffs, President Donald Trump unleashed a blistering attack on the six justices who ruled against him — including two conservative jurists he appointed during his first term. Speaking to reporters Friday, Trump said he was “ashamed of certain members …
Read More »Trump imposes New 10% Global Tariffs Using Different Law after Supreme Court Setback
President Donald Trump signed a proclamation Friday night imposing a new 10% tariff on most foreign imports to the United States, moving swiftly to revive his trade agenda just hours after the U.S. Supreme Court struck down an earlier set of sweeping tariffs. The new tariffs will take effect Monday …
Read More »SCOTUS Strikes Down Trump’s Emergency Tariffs, Dealing Major Blow to His Economic Agenda
The U.S. Supreme Court delivered a major setback to President Donald Trump on Friday, ruling 6–3 that he exceeded his authority when he imposed sweeping global tariffs under a law reserved for national emergencies. The justices held that Trump’s broad tariffs on imports from dozens of countries were not authorized …
Read More »Trump’s Top Economist Calls for Discipline of Fed Researchers Over Tariff Cost Study
President Donald Trump’s top economic adviser on Wednesday urged punishment for Federal Reserve economists after a new study concluded that U.S. companies and consumers are paying for nearly all of the tariffs imposed by the White House last year. “The paper is an embarrassment,” Kevin Hassett, director of the White …
Read More »House Votes to Overturn Trump’s Canada Tariffs as Six Republicans Break Ranks
The House voted Wednesday to overturn President Donald Trump’s tariffs on Canada, with six Republicans joining nearly all Democrats in a bipartisan rebuke of a key pillar of the president’s trade agenda. The resolution, introduced by Rep. Gregory Meeks, D-N.Y., passed 219-211. But the measure is largely symbolic for now: …
Read More »Trump Scraps Greenland Tariffs after NATO Talks, Signaling Retreat from Alliance Showdown
President Donald Trump on Wednesday abruptly scrapped the tariffs he had threatened to impose on eight European nations in a bid to pressure Denmark and NATO into ceding control of Greenland, reversing course hours after insisting the United States wanted the island “including right, title and ownership.” In a post …
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