Us Breaking News Us Tariffs How Trump’s Tax Is Hitting Big Tech And Beyond

Trump tariffs 'imposition' on Americans, says US chief justice. Why raising revenue 'domestically' may make them illegal

Trump's tariffs are bringing in record revenue and he's promised $2K checks to Americans, but they may not survive the Supreme Court. Read More

Keep your receipts: Tech firms told to prepare for possible tariff refunds

Such a policy “would ensure the United States remains at the forefront of global chip technology,” SIA claimed, by making sure that tariffs collected “remain available for investments in expanding US ... Read More

US may owe $1 trillion in refunds if SCOTUS cancels Trump tariffs

If Donald Trump loses his Supreme Court fight over tariffs, the US may be forced to return “tens of billions of dollars to companies that have paid import fees this year, plus interest,” The Atlantic ... Read More

Trump’s Global Tariffs Curtailed Trade, Data Shows

The steep tariffs President Trump issued in August led to a contraction in imports and the trade deficit, newly released data shows. Read More

Are tariffs a tax? The court’s view may decide the fate of Trump’s tariff battle

In a case where Chief Justice John Roberts stares down a president’s signature agenda item, the decisions can hinge on what Roberts sees as a tax. Read More

Trump says US faces 'economic disaster' if Supreme Court rules against tariffs

U.S. President Donald Trump said on Monday the United States faced an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers law to impose sweeping ... Read More

‘The tariffs are a big tax increase’: Top bank crunches the numbers on how much Americans are paying for Trump’s trade regime

“The tariffs are a big tax increase,” the report states simply. According to UBS, the current tariff policies imply a weighted-average tariff rate of 13.6%, based on 2024 import shares, a fivefold ... Read More