Tennessee-based FedEx is among the latest major companies moving to recover tariff payments after the Supreme Court struck down tariffs imposed under the International

When the Supreme Court threw out the Trump administration's use of a novel emergency tool to implement tariffs Friday, the White House quickly turned to a different novel emergency tool — but economists and lawyers are now questioning its legality as well.

As the U.S. Supreme Court rules against Trump's tariffs, farmers and soybean producers have to live with the damage from trade wars.

The Supreme Court has ruled that the International Emergency Economic Powers Act tariffs exceed the executive's authority, and Congress must now take up the task of defining a new tariff agenda that lowers prices,

With the latest supreme court ruling exposing the president’s tariff plans as unlawful, US politicians and the American people have found them to be unworkable. Where does Trump go from here?

President Donald Trump said during the 2026 State of the Union that income tax may be replaced with tariffs. Advertisement