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The Tariff Inflation Threat That Wasn’t Real

The Tariff Inflation Threat That Wasn't Real

Liberation Day Tariffs: A Requiem for a Failed Theory The inflation advocates had a straightforward belief: Tariffs lead to increased prices. Importers would inevitably shift those costs onto consumers. Additionally, domestic manufacturers, sheltered from international competition, would also elevate their prices. Democrats went so far as to label the tariff a “national sales tax.” Recent […]

Costco is being sued by a customer who is asking for tariff refunds.

Costco is being sued by a customer who is asking for tariff refunds.

Costco is facing a class action lawsuit from customers who are seeking refunds for the increased prices attributed to tariffs imposed during the Trump administration. This lawsuit, filed in federal court in Illinois, aims to declare that Costco should return any tariff refunds it has received, in line with a Supreme Court ruling that deemed […]

Introducing the ‘Tariff Valley’ Where Imports Could Rise Significantly

Introducing the ‘Tariff Valley’ Where Imports Could Rise Significantly

Stay ahead of the next tariff: We’ve seen this movie before. The recent Supreme Court ruling has decided that the International Emergency Economic Powers Act (IEEPA) does not give authority for imposing tariffs. This creates a temporary “tariff trough,” which could lead to a surge in imports in the coming months. Since the legal basis […]

FedEx will return tariff refunds to customers following a Supreme Court decision.

FedEx will return tariff refunds to customers following a Supreme Court decision.

FedEx to Refund Customs Duty Payments After Supreme Court Ruling FedEx announced on Thursday that it will reimburse any tariff refunds it receives to the customers who initially paid them. This decision stems from the company seeking compensation from the federal government for illegal duties it had paid. The shipping giant stated that it plans […]

Small American companies prepare for tariff battle following Supreme Court decision against Trump

Small American companies prepare for tariff battle following Supreme Court decision against Trump

Small U.S. Businesses Challenge Trump’s Tariffs While major retailers like FedEx and Costco are pursuing refunds related to President Trump’s tariffs, smaller U.S. businesses, significantly affected by these tariffs, are also stepping up their efforts, according to recent reports. On Tuesday, shortly after the Supreme Court’s decision to strike down the tariffs, FedEx revealed it […]

Senator calls for Trump to return billions from ‘illegally collected’ tariff money

Senator calls for Trump to return billions from 'illegally collected' tariff money

Senate Democrats Demand Return of Tariff Revenue After Supreme Court Ruling Senate Democrats are calling on the Trump administration to refund billions of dollars collected from tariffs, following a recent Supreme Court decision, as unveiled in a letter obtained by Fox News Digital. Senator Ruben Gallego (D-Ariz.) expressed his worries about the White House’s inaction […]

Legal experts respond to Trump’s Supreme Court confrontation and tariff shift in intense State of the Union address

Legal experts respond to Trump's Supreme Court confrontation and tariff shift in intense State of the Union address

Reactions to President Trump’s Speech Legal experts and commentators approached President Trump’s recent speech with caution. Many seemed to reflect on the broader legal and political implications rather than focusing solely on his words. Key moments from Trump’s address included his response to the Supreme Court’s 6-3 ruling that nullified a 1977 law allowing tariffs […]