Conversation around tariffs has surged after the U.S. Supreme Court recently struck down the broad global tariffs that President Trump had imposed under emergency powers, ruling they were unconstitutional because only Congress can levy taxes like tariffs.

The administration is also considering Section 122 of the Trade Act, which permits the president to impose a temporary, across-the-board tariff of up to 15 percent to address trade imbalances. Trump has discussed implementing a global tariff of about 10 percent through this authority, NPR reported.

WASHINGTON — President Donald Trump has once again turned to tariffs to try to get his way with a U.S. trading partner. This time, the target is Mexico: Trump plans to impose 5% tariffs on Mexican imports starting June 10 and to ratchet them up to 25% by ...

The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries

U.S. Trade Representative Jamieson Greer talks about potential alternative tariff strategies and revenue refunds on ‘Special Report.’