tariffs
President Donald Trump called the Supreme Court’s decision that overturned his signature tariffs “unfortunate” during his State of the Union address.Trump addressed the nation several days after the Supreme Court ruled against most of his 2025 tariffs that were enacted under the International Emergency Economic Powers Act.Despite this setback to…
Call it De-Liberation Day.The Supreme Court blocked a significant chunk of President Donald Trump’s sweeping tariff policy on Friday. But instead of closing the chapter, it’s opened an entirely new book that no one seems to understand.Let’s break it down:Return of the tariffs. Despite the setback, the president isn’t backing…
The Trump administration’s cornerstone policy just suffered a major setback — but it’s not bad news for everyone.In a 6-3 decision, the Supreme Court ruled on Friday morning that the president does not have the authority to impose tariffs using the International Emergency Economic Powers Act. Most of the tariffs…
This as-told-to essay is based on a conversation with Marc Bowker, owner of Alter Ego Comics, a comic book shop in Lima, Ohio, after the Supreme Court overturned some of President Donald Trump’s tariffs. This story has been edited for length a clarity.My first reaction to the Supreme Court decision…
Three conservative justices of the US Supreme Court — Brett Kavanaugh, Clarence Thomas, and Samuel Alito — broke with the majority Friday, arguing that President Donald Trump had clear authority to impose his sweeping tariff policy.The three dissenting justices said the president’s tariffs were perfectly legal under the 1970-era law…
Donald Trump’s economic advisor said that Federal Reserve writers behind a report claiming that Americans bear the brunt of tariffs should be “disciplined.”Kevin Hassett, the director of the National Economic Council, criticized the Federal Reserve Bank of New York’s economic analysis of the impact of tariffs published last week, calling for…
The US and Canada relationship has been tense since President Donald Trump took office a second time and began levvying tariffs on the neighbor to the north and throwing around the term “51st state.”On Wednesday, Congress delivered a rare bipartisan rebuke of Trump’s tariffs on Canada — even as the…
Hours before President Donald Trump’s highly anticipated speech at the World Economic Forum, Ken Griffin, the outspoken billionaire CEO of Citadel, gave his rundown of the US leader’s key economic policies.Trump’s tariffs have been “a negative” and have left the US economy in a “pretty unfortunate position,” said Griffin at…
Tariff price hikes are starting to show up in your Amazon shopping cart.The CEO of Amazon, Andy Jassy, told CNBC in an interview with reporter Becky Quick at the World Economic Forum in Davos that vendors are running out of stockpiled goods imported ahead of Trump’s tariffs, and that consumers…
