Trump administration returns $20 billion in reinstated tariffs following court defeat
Tariff Refunds Exceed $20 Billion Following Supreme Court Decision According to new court filings, over $20 billion in tariff refunds has been issued to importers after the Supreme Court invalidated a key aspect of President Trump’s trade policy earlier this year. U.S. Customs and Border Protection reported processing about $20.6 billion in repayments due to […]
Biden’s Trade Representative: Blue-Collar Workers Support Trump’s Tariffs
Katherine Tai on Tariffs and Trade Policy Katherine Tai, formerly the U.S. Trade Representative under Biden, noted that Donald Trump’s assertive stance on trade and tariffs resonates with blue-collar workers who feel let down by the long-standing era of free trade. This observation came during an interview with Gene Seroka, the Executive Director of the […]
Trade court overturns Trump’s 10% global tariffs, benefiting small businesses
Court Ruling Challenges Trump’s Global Tariffs A U.S. Trade Court delivered a ruling on Thursday against President Trump’s latest 10% global tariff, stating that the tariff was not supported by trade laws from the 1970s. This decision by the U.S. Court of International Trade favored small businesses that had raised concerns about the tariffs, which […]
Trump Announces Plans to Increase Tariffs on European Cars and Trucks to 25%
Trump to Increase Tariffs on EU Auto Imports On Friday, President Trump declared plans to raise tariffs on cars and trucks coming from the European Union to 25%, set to take effect next week. He accused Brussels of failing to uphold a trade agreement made last summer. This decision represents a significant escalation in what […]
Trump Announces Plans to Increase Tariffs on European Cars and Trucks to 25%
Trump to Increase Tariffs on EU Imported Vehicles On Friday, President Trump announced that starting next week, tariffs on cars and trucks coming from the European Union will be raised to 25%. He accused EU leaders of not adhering to a trade agreement made last summer. This announcement signals a significant escalation in what seemed […]
Trump Removes Whiskey Tariffs at the Request of King Charles III
Trump Lifts Whiskey Tariffs During Royal Visit Amid the British Royal Family’s recent visit, President Donald Trump announced the lifting of tariffs and restrictions on whiskey this Thursday. He stated that he imposed the tariffs on King Charles III and Queen Camilla’s behalf, following their four-day trip to the United States, which concluded on Wednesday […]
Trump tariffs responsible for $43M steel growth in Michigan, according to the White House.
Expansion of Steel Operations in Michigan Draws Mixed Reactions A local steel manufacturer’s decision to invest $43.4 million in expanding its operations in Michigan has garnered praise from the White House, though the state’s Democratic governor expressed a different sentiment. White House press secretary Khush Desai commented to Fox News Digital, “Democrats like Gretchen Whitmer […]
How American investors should approach tariffs as Trump prepares for new negotiations
Tariffs are still causing concern among investors, but they’ve been largely left out of my stock predictions for 2026. Why is that? We can think about it in terms of the “four e’s”: expectation, exemption, avoidance, and enforceability. These factors suggest that the ups and downs of President Trump’s trade policies are likely to do […]
A Trump official indicates that tariffs might be brought back as soon as July.
Potential Reinstatement of Tariffs Treasury Secretary Scott Bessent indicated to the president on Tuesday that tariffs could be brought back as soon as July. This would mark a quick turnaround for the Trump administration following a Supreme Court decision that invalidated Trump’s IEEPA tariffs earlier this year, pushing the administration to seek alternative trade authorities. […]
Hogan Gidley: Trump’s National Security Tariffs Benefit America
Trump’s Vision for America’s Economic Future In a recent speech, President Trump made a bold proclamation: “Our enemies are losing and America is winning, but now we are winning bigger than ever before.” This statement reflects the administration’s perspective on the country’s trajectory. Throughout Trump’s first year, the United States has seen significant economic improvements. […]