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.

The Supreme Court ruling that President Trump's tariffs are illegal will lead companies to seek billions in refunds, but the decision was silent on the issue.

Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive. Governments use tariffs for several reasons. They raise ...

President Donald Trump’s economic agenda took a major hit when the Supreme Court struck down many of his most sweeping tariffs. While Trump has options to restore some of the tariffs, he’s losing his most powerful tool to impose them almost at will as a bargaining chip with other countries.

It has been slightly over six weeks since the Supreme Court heard oral arguments in the challenge to President Donald Trump’s power to impose sweeping tariffs in a series of executive orders earlier this year. During the lengthy debate over those tariffs ...

President Donald Trump has turned tariffs into the centerpiece of his economic strategy, and in 2026 the policy will bite even harder. The new schedule of import taxes, paired with promised $2,000 "tariff dividend" checks, is reshaping who pays more at the ...

Re “Consumers should brace for price increases as retailers pass tariff costs along” (Nov. 10): President Trump recently posted about “the massive amounts of money being made by the United States of America, Hundreds of Billions of Dollars, as a ...

President announced increase from 10% using different authority from mechanism that supreme court struck down on Friday