1 week ago Trump says U.S. Supreme Court ending his tariffs would be ‘devastating’

Trump's lawyer faced pointed questions from the conservative-led court on Wednesday about the president's use of a national security statute to pursue his tariff agenda.

Economics

1 week ago Key Takeaways From the US Supreme Court Hearing on Trump Tariffs

Here are five key takeaways from the hearing Wednesday at the US Supreme Court over the legality of tariffs imposed by President Donald Trump:

Economics

1 week ago Legality of Trump’s sweeping tariffs scrutinized by dubious U.S. Supreme Court justices

Three members of the court’s conservative majority questioned the president's use of an emergency-powers law to collect tens of billions of dollars in tariffs a month

Economics

1 week ago Justices Question Legality of Trump’s Tariffs at Supreme Court

US Supreme Court justices questioned President Donald Trump’s global tariffs, as arguments began in a case that could undercut his signature economic policy.

Economics

1 week ago Trump’s tariffs face major test as U.S. Supreme Court hears challenge

Multiple lawsuits have been filed over the tariffs, and the court will hear suits filed by Democratic-leaning states and small businesses.

Politics

1 week ago What to know about the Supreme Court arguments over Trump’s tariffs

WASHINGTON (AP) — Three lower courts have ruled illegal President Donald Trump’s use of emergency powers to impose worldwide tariffs. Now the Supreme Court, with three justices Trump appointed and generally favorable to muscular presidential power, will have the final word. In roughly two dozen emergency appeals, the justices have largely gone along with Trump […]

Economics

2 w. ago Trump’s tariff powers to be tested by U.S. Supreme Court. What’s at stake?

The U.S. Supreme Court on Wednesday will hear arguments on whether U.S. President Donald Trump has authority to impose tariffs under emergency powers.

Economics

2 w. ago Trump’s not going to the Supreme Court hearing on tariffs. But his treasury secretary will be there

WASHINGTON (AP) — President Donald Trump won’t be going in person to the Supreme Court hearing Wednesday that will determine the fate of the tariffs at the heart of his economic and foreign policy — but his treasury secretary says he will be there. “I’m actually going to go and sit the — hopefully in […]

Politics

2 w. ago Toymaker Gears Up for Supreme Court Fight Over Trump’s Tariffs

A Chicago-area toy company is among the businesses arguing to the justices this week that most of the president’s tariffs should be struck down.

Economics

2 w. ago Tariffs are Trump’s favorite foreign policy tool. The Supreme Court could change how he uses them

WASHINGTON (AP) — President Donald Trump sees tariffs — or the threat of them — as a powerful tool to bend nations to his will. He has used them in an unprecedented way, not only as the underpinning of his economic agenda, but also as the cornerstone of his foreign policy in his second term. […]

Economics

2 w. ago Trump’s tariffs to face legal test before U.S. Supreme Court next week

WASHINGTON — Victor Owen Schwartz started a business importing wine and spirits to the United States with his mother nearly 40 years ago. His company VOS Selections, which he runs with his daughter, sells beverages from five different continents alongside American products. Now he’s the lead plaintiff in a court case that could throw a […]

Economics

3 w. ago Trump tariffs panned by 2 former Federal Reserve chairs in U.S. Supreme Court filing

A slate of prominent economists from across the political spectrum, including former Federal Reserve Chairs Ben Bernanke and Janet Yellen, urged the U.S. Supreme Court to overturn most of President Donald Trump’s global tariffs, saying they’re based on misconceptions about the global economy. Trade deficits between the U.S. and other nations are expected and not […]

Economics

3 w. ago Wall Street Bets on Tariff Refunds If Court Rules Against Trump

Wall Street banks are arranging bets on President Donald Trump’s tariffs being struck down by the Supreme Court — long-shot trades that could pay off handsomely for hedge funds betting against the legality of the administration’s flagship policy.

Economics

3 w. ago Trump says tariffs ‘vital’ as U.S. Supreme Court set to test his authority

Trump said Wednesday he may attend next month's Supreme Court hearing on his tariff policy, calling it 'one of the most important cases we've ever had.'

Economics