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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

Here’s what’s going on with Trump’s tariffs, prices and the Supreme Court

The cases before the Supreme Court target tariffs imposed under IEEPA. There are more-traditional ways for presidents to impose the levies, and Trump has also made use of those laws to bolster ... 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

A closer look at Trump's tariffs, the impact and who's paying them

The Supreme Court is considering Trump's sweeping tariffs. Those tariffs are helping drive up prices, from coffee to furniture, and voters say the economy played a major role in this week's elections. 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

Big business sits out the Supreme Court fight over Donald Trump’s tariffs

It’s one of the most significant economic cases to reach the Supreme Court in years – the blockbuster battle over President Donald Trump’s sweeping global tariffs – but the nation’s largest companies ... 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 has other tariff options if the Supreme Court strikes down his worldwide import taxes

President Donald Trump has warned that the Supreme Court will leave the United States “defenseless’’ and possibly “reduced to almost Third World status’’ if it strikes down the tariffs he imposed this ... Read More