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Triumphant in trade talks, Trump and his tariffs still face a challenge in federal court
The U.S. Constitution gives the power to impose taxes — including tariffs — to Congress. But lawmakers have gradually relinquished power over trade policy to the White House. And Trump has made the most of the power vacuum, raising the average U.S. tariff to more than 18%, highest since 1934, according to the Budget Lab at Yale University.
Higher "reciprocal" tariffs are expected to go into effect this Friday. A few trade deals could still be struck with trading ...
The tariffs mark a new phase in what has been a complicated and at times chaotic push to reset the terms of global trade.
President Donald Trump shakes hands with European Commission President Ursula von der Leyen, as US Commerce Secretary Howard ...
Biofuel policies ranging from President Donald Trump’s tariff wars to proposed US blending requirements threaten to spike ...
The U.S.-EU trade agreement imposes 15 percent tariffs on most European imports, avoiding the 30 percent levies that ...
TF1 Group unveiled stable financial results for the first half of 2025 with $1.2 billion in consolidated revenue and an 18% ...
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists ...
United Parcel Service posted quarterly profit marginally below estimates on Tuesday and again declined to issue annual ...
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