President Trump's ‘Liberation Day’ includes his unveiling of reciprocal tariffs on all countries trading with the United ...

Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Tariffs are a form of taxation on imported goods meant to ...

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 ...

How tariffs work A tariff is a customs duty, or tax, levied on goods and services that are imported or exported. In the past, tariffs were used by countries primarily as a way to bring in revenue for ...

The US Supreme Court has ruled that President Donald Trump overstepped his powers when he imposed sweeping global tariffs last year. In its 6-3 decision, the court ruled that Trump could not use a ...

When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...

The U.S. Supreme Court last week struck a blow against President Donald Trump’s tariffs, one of the landmark policies of the president’s second term. Trump has levied heavy tariffs on countries like ...

This morning, the Supreme Court struck down many of Trump’s sweeping tariffs, a decision the administration had been preparing for for months, even developing contingency plans in anticipation of the ...

Two new bills in Congress could give Americans "tariff rebates." ...

“It does not take into account the fact that domestic producers will likely raise their prices if a US global tariff takes effect, and it does not take into account other costs to American wage ...