Tariffs - Page 2

A Reform UK government would create a Sovereign Wealth Fund along the line of Norway or Singapore to back key British industries in a strategic and directed manner, Shadow Business, Trade, and Energy Secretary Richard Tice said on Tuesday.

The Trump administration’s use of Section 122 of the Trade Act of 1974 to impose temporary tariffs has drawn sharp criticism from a gaggle of anti-Trump economists and self-styled trade experts.

President Donald Trump warned Monday that countries attempting to exploit the Supreme Court’s tariff ruling to escape trade agreements will face steeper tariffs than those they originally negotiated with his administration. “Any Country that wants to ‘play games’ with the

China’s Commerce Ministry on Monday called for the United States to rescind all tariffs after the U.S. Supreme Court struck down President Donald Trump’s emergency tariffs.

President Trump’s new tariffs were imposed under Section 122 of the Trade Act of 1974, which allows temporary import restrictions when the United States faces “fundamental international payments problems.”

President Trump moved hours after the Supreme Court struck down his emergency tariffs to invoke a separate trade authority, imposing an import surcharge on most goods that takes effect February 24.

President Donald Trump announced on Saturday that he is immediately raising the worldwide tariffs he imposed on Friday from 10 percent to 15 percent.

On Friday’s broadcast of the Fox News Channel’s “Hannity,” Sen. John Kennedy (R-LA) stated that if we did refund “300 billion dollars worth of tariff money to the business community in America, this economy’s going to roar,” and “We’ve got

On Friday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Fox News Contributor and George Washington University Law Professor Jonathan Turley said that “it is funny” that Supreme Court Justices Sonia Sotomayor and Ketanji Brown Jackson took a textualist approach on the

On Friday’s broadcast of Newsmax TV’s “Finnerty,” Rep. Chip Roy (R-TX) said that “The IEEPA language is incredibly vague and problematic,” and “Congress is the one who made the mess out of all of this” on tariff authority. He also

President Donald Trump announced he had signed a Proclamation imposing a “global” ten percent tariff “on all Countries,” hours after the Supreme Court struck down his sweeping, global tariffs created under the International Emergency Economic Powers Act (IEEPA).

Vice President JD Vance criticized the Supreme Court for its “lawlessness” after it issued a 6-3 ruling striking down President Donald Trump’s global tariffs imposed under the International Emergency Economic Powers Act (IEEPA).

On Friday’s broadcast of CNN’s “The Lead,” former Trump Economic Adviser Stephen Moore said that there have been positives and negatives from tariffs and an across-the-board tariff like the one President Trump announced earlier will raise money and might help

On Friday’s broadcast of CNN’s “The Lead,” former Trump Economic Adviser Stephen Moore reacted to the Supreme Court decision on tariffs and said that “if Kamala Harris had won the presidency and she said that we’ve got a climate crisis

Illinois Governor JB Pritzker speaks to the press following a visit to the National Museum of Mexican Art in the Pilsen neighborhood on September 09, 2025 in Chicago, Illinois. Pritzker addressed the Trump Administration’s Operation Midway Blitz, a push by Homeland Security to arrest undocumented immigrants living in Chicago and the surrounding area. (Photo by Scott Olson/Getty Images)

President Donald Trump said Friday that it seems what becomes of the revenue generated by International Emergency Economic Powers Act (IEEPA) tariffs will have to be “litigated” over the coming years. 

The Supreme Court invalidated President Trump’s sweeping tariff policy, ruling 6-3 that the International Emergency Economic Powers Act did not grant the president the authority to impose tariffs.

President Donald Trump announced he is imposing a ten percent global tariff on top of tariffs already in place after the Supreme Court struck down his tariffs under the International Emergency Economic Powers Act. 

President Donald Trump said Friday he is “ashamed of certain members” of the Supreme Court after Justices Neil Gorsuch and Amy Coney Barrett, whom he appointed in his first term, ruled against his tariffs under the International Emergency Economic Powers Act (IEEPA). 

Former Vice President Mike Pence gloated over the Supreme Court’s decision to strike down President Donald Trump’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA).

India on Friday joined the Pax Silica framework, a U.S.-led effort to create a secure supply chain for critical technologies that would be immune to meddling from China. India’s membership had been in doubt due to trade tensions with the United States under President Donald Trump.

President Donald Trump holds a press conference in reaction to the Supreme Court’s ruling on tariffs on Friday, February 20.

The president of a family-owned full-line steel service center praised President Donald Trump’s tariff policies during Trump’s visit to the company’s facility in Georgia on Thursday. 

President Donald Trump reportedly blasted SCOTUS’s ruling Friday morning, which found many of his tariffs illegal, as “a disgrace.”

Sen. Bernie Moreno (R-OH) said Friday’s Supreme Court tariff ruling handcuffs the country’s ability to fight unfair trade that has harmed the American worker.

The Supreme Court ruled Friday that President Trump lacks the authority to impose emergency tariffs.

America just experienced the largest quarterly trade deficit decline in recorded history outside of a recession.

The U.S. trade deficit has fallen by nearly half since President Trump’s Liberation Day tariff announcements in March.

The three-month average goods deficit fell to $80.5 billion in the fourth quarter, down 27 percent from $109.6 billion in the same period a year earlier. The combined goods and services deficit dropped even more sharply, falling nearly 40 percent to $50.7 billion from $83.6 billion in the fourth quarter of 2024.

“The paper is an embarrassment,” Hassett said. “What they’ve done is they put out a conclusion which has created a lot of news that’s highly partisan, based on analysis that wouldn’t be accepted in a first-semester econ class.”

“You’re Paying 90% of Trump’s Tariffs,” the Wall Street Journal editorial board declared last week. It’s a startling claim. But the study it’s based upon has a faulty methodology.

This is the Valentine’s Day-President’s Day-Friday the 13th edition of the Breitbart Business Digest weekly wrap-up. It’s mostly a love letter to the U.S. economy, with just a touch of horror movie action and a dash of presidential history combined with Valentine’s Day gifts.

The Trump administration still has a path forward in rebalancing global trade even if the Supreme Court strikes down the president’s tariffs.

South Korea is pouring money into its growing lobbying campaign aimed at U.S. lawmakers — an effort that’s increasingly focused on defending Korea’s discriminatory treatment of American technology companies like Coupang.

The United States and India reached a trade agreement that will immediately lower American tariffs on Indian goods to 18 percent while opening India’s market to U.S. energy and other products, President Donald Trump announced Monday.

President Trump spoke with Breitbart News about leftist media’s reaction to the new Melania documentary during the red carpet world premiere at the Trump-Kennedy Center.