tariffs

A growing tariff challenge reached a new level this week after Costco Wholesale Corporation filed a federal lawsuit seeking to block President Trump’s emergency tariff orders and recover duties the company says it was required to pay on imported goods.

India’s manufacturing sector plunged to a nine‑month low in growth this October, sliding from a robust 8.2% in the prior quarter to just 0.4%.

A Federal Reserve study links President Trump’s tariffs to higher inflation and rising unemployment, signaling a complex economic impact.

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.

Treasury Secretary Scott Bessent says the Supreme Court will uphold President Trump’s tariff authority under IEEPA.

Prediction markets show only a 24% chance of President Trump prevailing before the Supreme Court in his tariff-authority case.

Justices Barrett and Sotomayor challenged the Trump administration’s use of emergency powers to impose global tariffs.

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 bipartisan group of senators voted to block President Trump’s tariffs on Canadian imports, marking a rare GOP break.

As President Trump meets Xi Jinping, U.S. soybean exports face mounting pressure after China reduced purchases.