Taxes November 3, 2025
The Supreme Court will hear oral arguments Wednesday over whether a law allows President Donald Trump to implement a worldwide tariff regime, in a case experts and lawmakers said ultimately could undermine Congress’ foundational power over taxation.
Taxes October 21, 2025
Small businesses challenging many of President Donald Trump’s global tariffs urged the U.S. Supreme Court to affirm lower court rulings that the import levies amount to a massive illegal tax on American companies.
Taxes September 24, 2025
The U.S. lowered tariffs on auto imports from the European Union to 15% retroactive to Aug. 1, 2025, cementing terms of the framework trade agreement the two sides struck almost two months ago.
Taxes September 9, 2025
The justices announced they will hear oral arguments in November on the Trump administration request to overturn lower court rulings that found the president exceeded his authority with his “Liberation Day” and other tariffs on countries worldwide.
Taxes September 8, 2025
Aides to President Donald Trump have been exploring alternative methods for imposing import taxes on foreign goods in case courts overturn the current tariffs.
Taxes September 5, 2025
Donald Trump promised to slash red tape for business. His tariff regime has gotten American companies increasingly tangled up in it.
Taxes September 3, 2025
The Trump administration will ask the Supreme Court for an expedited ruling in hopes of overturning a federal court decision that many tariffs were illegally imposed, arguing it is essential to keep the president's trade policy intact.
Taxes September 2, 2025
No matter where they end up, import taxes aren’t likely to drive inflation enough to have much effect on state or local tax revenues.
Taxes August 26, 2025
The president threatened to impose fresh tariffs and export restrictions on advanced technology and semiconductors in retaliation against other nations’ digital services taxes that target U.S. technology companies.
Taxes August 13, 2025
U.S. tariff revenue reached a fresh monthly record in July, though the increase wasn’t enough to prevent a widening in the monthly budget deficit—pointing to the federal government’s continuing fiscal challenges.
Taxes August 12, 2025
President Donald Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.
Taxes August 7, 2025
On MSNBC’s “Morning Joe,” Eugene Robinson walked Treasury Secretary Scott Bessent through addressing the “confusion” when it comes to whether a U.S. importer or another country would have to pay for tariffs.