Trump On 50% Tariffs Over Russian Oil Trade
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President Donald Trump continued to push his agenda during a wide-ranging "Fox & Friends" interview Friday -- including a significant update on the person of interest in the fatal shooting of conservative activist Charlie Kirk.
Two lower courts have said some of President Trump's tariffs are unlawful. Now the Supreme Court has agreed to examine the issue.
The justices agreed to an expedited timeline to decide whether Trump can unilaterally impose sweeping tariffs using a law designed for emergencies.
A key Bureau of Labor Statistics inflation report showed price increases for a variety of tariff-sensitive items.
The Supreme Court on Tuesday said it will decide whether President Trump can impose his most sweeping tariffs.
Mexican import taxes on more than 1,400 products from China and other Asian countries will be as high as 50%, as the country tries to shore up domestic production and pass on some of the Trump administration’s tariff pain.
President Donald Trump’s sweeping tariff regime is already reshaping global trade and spiking government customs revenue. But these historic import taxes could also push more Americans into poverty, according to new research.
Increases in the costs of food, shelter and energy caused inflation to spike and increase the likelihood of an interest rate cut
Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's tariff policy intensified. The reading matched economists' expectations.
Swatch, the Swiss watchmaker, is trolling the 39% tariffs placed on the small country by the United States with a new watch that inverses the numbers three and nine.