Supreme Court IEEPA tariff ruling could reshape US trade powers. Markets face heightened uncertainty. Read here for more on the economy.

The Court’s full nine-member bench will decide whether former President Trump exceeded his powers by imposing tariffs under national emergency laws, a case with far-reaching implications for presidential authority and Congress’s role in trade policy.

Legislation proposed by U.S. Sen. Jacky Rosen, which would’ve barred tariffs on food and agriculture-based products without congressional approval, faltered on the Senate floor Thursday. Rosen, D-Nev., tried advancing the No Tariffs on Groceries Act ...

WASHINGTON, DC - MARCH 26: U.S. President Donald Trump displays a signed an executive order in the Oval Office of the White House on March 26, 2025 in Washington, DC. President Trump announced 25% tariffs on all foreign-made cars. (Photo by Win McNamee ...

It has been slightly over six weeks since the Supreme Court heard oral arguments in the challenge to President Donald Trump’s power to impose sweeping tariffs in a series of executive orders earlier this year. During the lengthy debate over those tariffs ...

This is read by an automated voice. Please report any issues or inconsistencies here. Costco is suing the Trump administration to reclaim tariff payments, claiming the president lacks legal authority to impose import duties without Congress. The warehouse ...

President Trump's tariffs are primarily being paid by foreign companies and foreign governments, writes columnist Matthew Lynn. REUTERS/Carlos Barria/File Photo It was, by any measure, a lot of red ink. When Volkswagen announced its third-quarter profits ...

Trump, in an interview on Fox Business Network ​from ⁠Davos, also acknowledged the impact of his quest for Greenland on global markets and said he did not plan to pay to acquire it. "It's really being negotiated now,