Trump administration launches tariff refund portal
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Will there be tariff checks for working-class Americans? Probably not. While businesses may be repaid for losses resulting from heightened tariffs that kicked in last February, Americans are unlikely to see any sort of compensation,
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 help control trade between countries and raise government ...
The U.S. Supreme Court’s decision on tariffs, released Friday morning, puts the issue back where it always has belonged — in Congress. For decades now, Congress has steadily ceded much of its power to the executive branch. Americans today are ...
The probability of a “universal tariff” on all countries isn’t a key priority, while the odds for a proposed 25 percent hit on imports from Canada and Mexico remain low. That’s the conclusion from Goldman Sachs, according to a research note Tuesday ...
In the inaugural episode of History Is Taxing, Robert Goulder and Joseph Thorndike of Tax Notes explore how America’s first tariffs shaped the nation’s fiscal policy and set the stage for today’s federal income tax. History Is Taxing is a podcast ...
The U.S. Supreme Court dealt a major blow to the Trump administration’s economic agenda by ruling that the president had overstepped his authority by imposing sweeping tariffs on nearly every country around the globe, including many close allies of the ...
Section 122 authorizes tariffs for only 150 days (unless extended by Congress), which provides the Administration with a limited-duration mechanism while it evaluates potential actions under Sections 232 and 301. Tariff actions that comply with the ...
December is more than half a year away, but President Donald Trump just acknowledged that it could be tighter for families this holiday season. "Somebody said, 'Oh, the shelves are gonna be open,'" Trump told reporters Wednesday. "Well, maybe the children ...