President Donald Trump is dealing with a major legal defeat Friday after the Supreme Court struck down many of the tariffs he imposed last year on nearly every country on earth.

President Trump's sweeping tariffs are the centerpiece of his economic agenda but have raised prices for businesses and consumers.

President Donald Trump has imposed tariffs on $2.2 trillion worth of imported goods, claiming they protect domestic producers. Ironically, American small businesses are among those bearing the heaviest burden of these taxes. Now, these businesses are ...

We’ll explain how tariffs work, what Trump has proposed and what experts say about it, and what happened during Trump’s first term. Tariffs or customs duties are a tax on products purchased from abroad, and they are used by practically all countries

New research shows that Americans pay almost all of the cost of U.S. tariffs rather than foreign exporters. The study analyzed millions of shipment records across recent years to track how tariff costs move through the supply chain. The findings indicate ...

When President Donald Trump unveiled his administration's sweeping “Liberation Day” tariffs last April, pundits on both sides of the aisle responded by describing the likely effects in superlatives. Trump declared the duties would boost domestic ...