A federal trade court judge has ordered US Customs officials to stop calculating tariffs imposed under emergency powers by President Donald Trump, clearing the way for a sweeping refund process after the Supreme Court ruled the duties unlawful. In a ruling issued Wednesday, Judge Richard Eaton of the US Court of International Trade directed Customs…
President Donald Trump, following the Supreme Court ruling striking down his emergency IEEPA tariffs, announced that he will sign an order to “impose a 10% global tariff under Section 122.” He clarified, “This will be over and above our normal tariffs already being charged.” The President added that all existing national security tariffs under Sections…
Supreme Court Trump Tariff Ruling LIVE: The US Supreme Court invalidated President Donald Trump’s sweeping tariffs imposed under a national emergency law, delivering a major blow. The case centers on tariffs imposed beginning in February 2025 under International Emergency Economic Powers Act (IEEPA), a law traditionally used to address national security threats. A decision striking…
President Donald Trump’s tariffs will cost the average American household $1,000 in 2025, according to new research from the non-profit Tax Foundation. The burden is expected to rise to $1,300 per household in 2026 if the existing tariffs remain in place. Trump has imposed multiple tariffs on US trading partners, including China, Canada, Mexico, and…
