Ahead of a federal court ruling on Donald Trump’s trade tariffs, Treasury Secretary Scott Bessent warned that a legal defeat risked creating a “dangerous diplomatic embarrassment.” Not surprisingly, this did not prove persuasive. NBC News reported: A ...

NEW DELHI (AP) — U.S. President Donald Trump has vowed 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%. India has called the additional tariffs “unfortunate.”

As radical increases in US tariffs begin to redefine the country’s trading relationships, American consumers are getting a crash course in how taxes on imports work. Here are the basics. Technically, a tariff, also known as a duty, is a tax to be paid on ...

EAU CLAIRE, Wis. (WEAU) - Economics professor and department chair at UW-Eau Claire, Dr. Thomas Kemp explained what people can expect to see after President Trump’s recent announcement on incoming tariffs. The biggest tax will be 100% for pharmaceutical ...

The move comes after the Supreme Court handed the White House a huge setback to one of its signature economic and foreign policy tools.