Trump believes tariffs will replace income tax

IE 11 is not supported. For an optimal experience visit our site on another browser. Watch Trump’s 2026 State of the Union address in 2 minutes 02:01 Spanberger rips Trump’s ‘reckless trade policies’ in rebuttal 00:48 Bessent touts Trump’s economic record, challenges Democrats 00:51 Rep. Al Green explains ‘Black people aren’t apes’ sign 00:45 Rep. … Read more

Four Supreme Court justices face Trump at State of the Union days after tariffs ruling

WASHINGTON — Days after he publicly rebuked Supreme Court justices who ruled most of his tariffs were unlawful, President Donald Trump comes face-to-face with three of them at his State of the Union address Tuesday. Chief Justice John Roberts, Justice Amy Coney Barrett, both conservatives, as well as liberal Justice Elena Kagan, are in attendance … Read more

Ruling against Trump’s tariffs creates new uncertainty in US trade relations with China

WASHINGTON — The Supreme Court decision striking down President Donald Trump’s sweeping tariffs has added a wrinkle to already complicated U.S.-China relations, with both countries navigating shifting ground to avoid an all-out trade war that would disrupt the global economy while still jostling for a position of strength in negotiations. Friday’s court ruling would seem … Read more

Trump’s Section 122 tariffs could spur new legal battle, experts say

President Trump’s move to invoke an obscure legal tool to impose a global 15% tariff on U.S. imports could face its own legal challenges, trade experts told CBS News.  The White House said in a fact sheet on Friday that the temporary import duty, imposed under Section 122 of the Trade Act of 1974, addresses a “fundamental … Read more

Trump tariffs still pose

The Supreme Court’s Friday ruling striking down President Trump’s “Liberation Day” tariffs will not free U.S. companies from their concerns about the direction of trade policy. “There is huge uncertainty” facing businesses and U.S. trading partners following the landmark decision, said William Reinsch, senior adviser at the Center for Strategic and International Studies and the former president … Read more

E.U. hits the brakes on U.S. trade deal after Trump threatens 15% global tariffs

The European Parliament on Monday halted the ratification process of a sweeping trade deal with the United States, the latest fallout from the Supreme Court striking down most of President Donald Trump’s tariffs. Following an emergency meeting in Brussels, lawmakers said the U.S.’ side of the deal is now “so uncertain.” “Nobody knows what will … Read more