Trump promised a flurry of new measures but he faces legal limitations.

President Donald Trump rushed to enact new tariffs and vowed to preserve others after a recent Supreme Court ruling knocked out most of his levies. Businesses and consumers now face a different set of tariffs,

The Supreme Court struck down Trump's tariff plan Friday. Many economists have noted that it’s not international trade partners paying the difference, but instead the American people

The three conservative justices in the majority in [the IEEPA] decision cited…. the "major questions doctrine," which requires Congress to "speak clearly" when authorizing the executive branch to make "decisions of vast economic and political significance."

After the Supreme Court blocks Trump’s IEEPA tariffs, he turns to Section 122 of the Trade Act of 1974 to impose temporary import duties.

President Donald Trump defended the tariffs and reiterated during his State of the Union address that he wants them to replace income taxes.

It’s been nearly a year since the word tariff moved from the back pages of economic textbooks to the front and center of media hype, and most people still do not understand how they work. While tariffs are often framed as a tax on foreign nations, the ...

To read this article with full citations, please visit taxnotes.com. Politicians talk a lot about tariffs, and much of what they say boils down to a simple question: Who pays? President Trump has insisted repeatedly that foreign countries will foot the ...