During a back and forth with reporters on Thursday in the Oval Office, President Trump recognized that US consumers are “paying something” for tariffs. “No, I don’t agree. I think that they might be paying something. But when you take the overall impact, the Americans are gaining tremendously,” Trump said. The White House has said…
WASHINGTON (AP) — A call to overturn the landmark Supreme Court decision legalizing same-sex marriage nationwide is on the agenda Friday for the justices’ closed-door conference. Among the new cases the justices are expected to consider is a longshot appeal from Kim Davis, the former Kentucky court clerk who refused to issue marriage licenses to…
On Wednesday, Solicitor General D. John Sauer insisted that the “most natural” and “common-sense” reading of IEEPA’s authorization to regulate importation is that it encompasses a power to impose tariffs, even though the word “tariff” is not used in the statute. If the Court decides against the President, the lucid performance of Neal Katyal, representing…
NO SITTING PRESIDENT has ever attended an oral argument at the Supreme Court. That is one precedent Donald Trump chose not to break after flirting with the idea of turning up for the arguments in Learning Resources v Trump—the case challenging the legality of Mr Trump’s tariff barrage that was heard on November 5th. PREMIUM…
The Supreme Court on Wednesday began its highly anticipated consideration of President Trump’s sweeping blanket tariffs, with the lawyer for the government making an audacious case. Trump’s duties “are not revenue-raising tariffs,” US Solicitor General D. John Sauer argued before the court, calling the tens of billions of dollars currently being brought in each month…
For more than two and a half hours, the nine justices—and three lawyers—debated whether Trump overstepped his authority when he imposed sweeping global tariffs, ostensibly to tackle national emergencies tied to trade deficits and illegal fentanyl imports. Justices from across the ideological spectrum expressed doubts that Trump’s tariffs are authorized by a 1977 law that…
NEWYou can now listen to Fox News articles! Justice Amy Coney Barrett had pointed questions Wednesday about the law Donald Trump invoked to impose global tariffs, joining several other justices on the right and left in voicing skepticism about the president’s ability to use a tool he has deemed critical to carrying out his economic…
The Supreme Court’s Wednesday morning argument on President Donald Trump’s ever-shifting tariffs went better for him than the 2025 elections, but only slightly so. At least two of the Court’s Republicans — Justices Neil Gorsuch and Amy Coney Barrett — appeared very likely to join the three Democratic justices in striking down those tariffs, and…
By David Lawder WASHINGTON, November 3 (Reuters) -U.S. factory equipment maker OTC Industrial Technologies has long used low-cost countries to supply components – first China and later India – but President Donald Trump’s blitz of tariffs on numerous trade partners has upended the supply chain math for CEO Bill Canady. “We moved things out of…
Markets signaled another positive session as futures rose Sunday night ahead of a big week for President Donald Trump’s tariffs and Tesla CEO Elon Musk’s blockbuster compensation plan. Futures tied to the Dow Jones industrial average rose 107 points, or 0.22%. S&P 500 futures were up 0.28%, and Nasdaq futures added 0.30%. That would add to Friday’s rally. The…