Federal Reserve officials have been cautious about lowering interest rates, with many citing concerns that tariffs—particularly under President Trump’s trade policies—could fuel inflation.
Rep. Jamie Raskin (D-MD) said Wednesday that many Republicans are privately hoping the U.S. Supreme Court strikes down President Donald Trump’s use of tariffs.
A coalition of top economists has filed a legal brief with the U.S. Supreme Court arguing that President Donald Trump’s sweeping tariff strategy will worsen — not reduce — the U.S. trade deficit.
During Sunday’s broadcast of CNN’s State of the Union, Sen. Chris Murphy (D‑CT) accused President Donald Trump of weaponizing tariffs not to boost U.S. manufacturing.
