The Supreme Court’s tariff decision landed about where conventional wisdom said it would: The justices ruled 6–3 that the International Emergency Economic Powers Act simply doesn’t give the president the sweeping authority the Trump administration claimed.

The President had signed a proclamation soon after the verdict to "impose a temporary surcharge" of 10% for “all articles" imported to the country in the next 150 days. Hours later the POTUS said he was raising this figure with immediate effect.

The US Supreme Court’s ruling against President Donald Trump’s sweeping “Liberation Day” tariffs has brought renewed attention to the International Emergency Economic Powers Act (IEEPA) — the 1977 law the administration relied on to justify the ...

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 ...

U.S. tariffs on India may drop to 18% within days, following President Trump's recent tariff reduction announcement.

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 ...

Five UC San Diego experts offer insight into how tariffs work, why they’re used, and what their impact is in today’s interconnected world University of California - San Diego Tariffs—taxes placed on imported goods—are one of the oldest tools in the ...

U.S. President Donald Trump said on Saturday that he will increase the global tariffs he imposed a day earlier to 15% from 10%. CNN’s Julia Benbrook has details.