Conversation around tariffs has surged after the U.S. Supreme Court recently struck down the broad global tariffs that President Trump had imposed under emergency powers, ruling they were unconstitutional because only Congress can levy taxes like tariffs.

WASHINGTON — President Donald Trump has once again turned to tariffs to try to get his way with a U.S. trading partner. This time, the target is Mexico: Trump plans to impose 5% tariffs on Mexican imports starting June 10 and to ratchet them up to 25% by ...

Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive. Governments use tariffs for several reasons. They raise ...

How will tariffs affect your monthly expenses? As trade tensions rise around the globe, American consumers are starting to feel the impact. With a new wave of tariffs now in effect, everyday goods are getting more expensive, monthly budgets are being ...

“It does not take into account the fact that domestic producers will likely raise their prices if a US global tariff takes effect, and it does not take into account other costs to American wage earners when foreign retaliation results in the loss of higher-paying jobs producing goods and services to sell abroad.