Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy

Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy

The Supreme Court on Friday struck down a huge chunk of President Donald Trump’s far-reaching tariff agenda, delivering a major rebuke of the president’s key economic policy. The law that undergirds those import duties “does not authorize the President to impose tariffs,” the majority ruled 6-3 in the long-awaited decision. The ruling is a massive … Read more

Traders brace for Trump’s new tariff plan, possible Iran attack and Nvidia earnings

Traders brace for Trump’s new tariff plan, possible Iran attack and Nvidia earnings

Wall Street next week is bracing for President Donald Trump’s new tariff plan following Friday’s Supreme Court ruling, at the same time as traders scan for escalating tensions with Iran and look ahead to Nvidia ‘s latest financial results. Stocks swung between gains and losses on Friday after the high court ruled that Trump wrongfully … Read more

Trump announces new 10% global tariff after raging over Supreme Court loss

Trump announces new 10% global tariff after raging over Supreme Court loss

President Donald Trump said Friday he will sign an executive order imposing a new 10% “global tariff,” hours after the Supreme Court struck down his sweeping “reciprocal” import duties in a major rebuke of his trade agenda. The new “Section 122” tariffs will come on top of the existing levies that remain intact following the … Read more

Supreme Court tariff case winner Learning Resources is ‘on the right side of history,’ CEO says

Supreme Court tariff case winner Learning Resources is ‘on the right side of history,’ CEO says

Rick Woldenberg, chief executive officer of Learning Resources, arrives at the U.S. Supreme Court building in Washington, Nov. 5, 2025. Eric Lee | Bloomberg | Getty Images The CEO of Learning Resources said Friday that “we’re excited to stand on the right side of history here” after the Supreme Court ruled in favor of his … Read more

Watch: Trump speaks after Supreme Court strikes down tariffs

Watch: Trump speaks after Supreme Court strikes down tariffs

[The stream is slated to start at 12:45 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump on Friday speaking at the White House after the Supreme Court struck down his signature tariff policy. Trump will lead a press briefing at the White House … Read more

Democrats rejoice in Supreme Court rebuke of Trump tariffs they have called illegal

Democrats rejoice in Supreme Court rebuke of Trump tariffs they have called illegal

Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference with other members of Senate Democratic leadership following a policy luncheon at the U.S. Capitol in Washington, DC on January 28, 2026. Nathan Posner | Anadolu | Getty Images Congressional Democrats rejoiced on Friday and Republicans remained divided in the wake of a momentous … Read more

Trump previewed weak GDP on Truth Social ahead of official data release

Trump previewed weak GDP on Truth Social ahead of official data release

U.S. President Donald Trump speaks at the Coosa Steel Corporation on Feb. 19, 2026 in Rome, Georgia. Chip Somodevilla | Getty Images Forty minutes before the federal government revealed that economic growth slowed sharply in the last quarter, President Donald Trump dropped a hint that the incoming data would be weaker. “The Democrat Shutdown cost … Read more

U.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate ‘murky waters’

U.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate ‘murky waters’

World leaders during the G7 Leaders’ Summit in Kananaskis, in Alberta, Canada, June 17, 2025. Amber Bracken |Reuters U.S. trading partners offered a cautious welcome to the U.S. Supreme Court’s decision Friday to strike down large parts of President Donald Trump’s flagship trade policy on global tariffs — but global trade bodies warned of lingering … Read more

Supreme Court Trump tariffs ruling could put U.S. on hook for $175 billion in refunds, estimate says

Supreme Court Trump tariffs ruling could put U.S. on hook for 5 billion in refunds, estimate says

U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters The U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled Friday in a 6-3 decision that tariffs unilaterally imposed by … Read more

Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal

Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal

US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no … Read more