Trump first slapped a 10% blanket tariff on all imports into the U.S., including from uninhabited islands, such as the Heard and McDonald islands, and on places with which the U.S. runs a surplus, ...

In a much-anticipated decision, the US Supreme Court has ruled that most of the president's tariffs are unconstitutional because of how he implemented them. But the administration has a backup plan.In ...

The Congressional Budget Office has lowered its estimate for U.S. fiscal savings from President Donald Trump’s tariff policy by $1 trillion, according to a report Thursday, which made multiple ...

Trump’s tariff press conference included tariff rates charged to the United States that are significantly higher than most calculations. For example, Trump said China is charging 67% tariffs on the ...

The Congressional Budget Office slashed its estimate of longer-term US fiscal savings from President Donald Trump’s tariff hikes by $1 trillion, in a move that may deepen concerns about American ...

Tariffs can play multiple roles: they have traditionally been used as instruments of trade policy, and the Trump administration has increasingly employed them as foreign policy tools to extract ...

A growing number of U.S. retailers and manufacturers are pursuing legal action against the federal government as they seek to protect their ability to reclaim tariffs imposed under President Donald ...

The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...

To read this article with full citations, please visit taxnotes.com. Politicians talk a lot about tariffs, and much of what they say boils down to a simple question: Who pays? President Trump has ...

President Donald Trump has said over the last year that money brought in from his increased tariffs would pay for at least half a dozen initiatives — from reducing the national debt to providing ...