When President Trump won the 2024 presidential election and Republicans gained control of both houses of Congress, many people assumed the outcome would be like his first term. In both instances, Trump campaigned on policies of lower taxes and deregulation ...

US President Donald Trump has introduced a new 10% global tariff rate after the Supreme Court ruled that the majority of tariffs he introduced in 2025 were illegal. Trump argues that his import taxes have boosted US manufacturing and created jobs.

Millions of American consumers have been waiting for President Donald Trump’s tariffs to spark a dramatic rise in consumer prices, pushing the inflation rate into the red zone. They’re still waiting. The annual inflation rate reached 3% in ...

The Supreme Court’s lack of a ruling on the legality of President Trump’s sweeping tariff regime on Tuesday means the case won’t get resolved until at least next month. The closely watched case on whether it’s constitutional for Trump to issue ...

It has been slightly over six weeks since the Supreme Court heard oral arguments in the challenge to President Donald Trump’s power to impose sweeping tariffs in a series of executive orders earlier this year. During the lengthy debate over those tariffs ...

Add Yahoo as a preferred source to see more of our stories on Google. The U.S. Supreme Court's ruling on tariffs today, Tuesday, Jan. 20, 2026, is possible with the Supreme Court releasing opinions this morning, with potentially a Supreme Court decision on ...

The Supreme Court is poised to rule soon on President Donald Trump’s use of an emergency wartime law to unilaterally impose sweeping tariffs on most U.S. countries, which brought key questions over the "major questions doctrine (MQD)," or the limiting ...

WASHINGTON – President Donald Trump had been in office less than three months when he slapped retaliatory tariffs on imports from dozens of countries, arguing the duties would benefit American companies that have been treated unfairly by foreign nations.

This is read by an automated voice. Please report any issues or inconsistencies here. Trump’s tariffs pushed effective rates to nearly 17% by November — seven times higher than January and the highest level since 1935, disrupting global commerce.

China’s trade surplus with the entire world hit an all-time record of $1.19 trillion in 2025, Beijing just announced. But here’s the stunner in the report. China’s surplus with the U.S. declined by 22 percent. The reason: U.S. tariffs on Chinese ...

WASHINGTON (AP) — President Donald Trump signed a New Year's Eve proclamation delaying increased tariffs on upholstered furniture, kitchen cabinets and vanities for a year, citing ongoing trade talks. Trump's order signed Wednesday keeps in place a 25% ...