Trump’s 'Liberation Day' tariffs tested
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Households experience the financial cost of tariffs differently based on factors such as household size and consumption, economists said.
The Supreme Court has issued its long-awaited opinion in Learning Resources, Inc. v. Trump, holding President Donald Trump lacks authority under the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs. The 6-3 decision strikes ...
The Supreme Court rebuked President Trump’s use of the International Emergency Economic Powers Act to impose sweeping "Liberation Day" tariffs, ruling that the Constitution gives Congress — not the president — authority over tariffs. But the decision ...
On February 20, 2026, the Supreme Court of the United States (SCOTUS) declared President Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose global tariffs against U.S. trading partners illegal. The Supreme Court did ...
A federal judge ordered the Trump administration on Wednesday to begin the drawn-out task of refunding billions of dollars to companies that paid tariffs the Supreme Court recently invalidated. Judge Richard Eaton, an appointee of former President Bill ...
FedEx announced Thursday it will return any tariff refunds it may receive to its customers who paid them as it seeks compensation from the federal government for tariffs paid that were subsequently ruled illegal. The shipping giant said in a statement that ...
Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. The Supreme Court invalidated $200 billion in Trump's tariffs, ruling he exceeded authority by misinterpreting the IEEPA ...
The Trump administration told a court on Friday that it needed about six weeks to come up with a system to begin the refund process for President Donald Trump's tariffs that the Supreme Court recently invalidated. A U.S. Customs and Border Protection (CBP ...