It has been a year since President Trump announced double-digit tariffs on imports from around the world. So far, those levies have not produced the economic boom the president promised.

The U.S. economy, which was the envy of the world before Trump’s crackdown on trade relations, is experiencing weaker growth (2.1% last year, compared to 2.8% in 2024) and is more isolated. Jobs are stagnant and an affordability crisis is affecting millions of families.

Tax Notes contributing editor Robert Goulder discusses the Supreme Court's ruling invalidating the tariffs set in place by President Trump and what to expect for refunds.

GLC production heads to Alabama to join GLE and GLS as tariffs reshape luxury car strategy

A group of 24 U.S. states sued President Donald Trump's administration on Thursday in the first legal challenge to his newly imposed 10% global tariffs, alleging that the president cannot sidestep a recent U.S. Supreme Court ruling that invalidated ...

WASHINGTON, March 25 (Reuters) - U.S. import prices increased by the most in nearly four years in February as energy costs surged in anticipation of conflict in the Middle East, adding to signs that inflation is poised to accelerate in the months ahead.