President Trump's move to invoke an obscure legal tool to impose a global 15% tariff on U.S. imports could face its own legal challenges, trade experts told CBS News. The White House said in a fact ...

Just a week after the Supreme Court demolished the cornerstone of President Donald Trump’s tariff regime, questions are swirling about the legal foundation of his replacement tariffs. Trump swapped ...

The Trump tariffs are dead. Long live the Trump tariffs? This morning, in a 6–3 opinion, the Supreme Court struck down the bulk of the president’s sweeping global tariffs. The majority ruled that the ...

President Donald Trump's so-called reciprocal tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs will remain in place. The Supreme Court ruling covered IEEPA ...

The Supreme Court ended emergency tariffs under the International Emergency Economic Powers Act (IEEPA), but what comes next for tariffs and taxpayers isn’t yet clear. The Supreme Court has issued its ...

Update: The day after announcing a 10% global tariff, President Trump announced he's raising it to 15%. Read the latest here. President Trump signed a proclamation Friday night that will impose 10% ...

Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise. By Ana Swanson and Sydney Ember President Trump has ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

NBC Selected independently determines what we cover and recommend. When you click on or buy through our links, we earn a commission. Learn more. Zoe Malin Reporter With gas and grocery prices as high ...