US politicsfromAxios1 week agoTrump administration files appeal to Supreme Court to keep tariffs in placeIf the Supreme Court upholds the appeals court, most Trump-era tariffs enacted under IEEPA would be canceled, excluding sector tariffs under separate authorities.
US politicsfromFortune2 weeks agoTrump's reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at riskA federal appeals court ruled most of President Trump's reciprocal tariffs illegal, finding the IEEPA did not justify those tariffs as an emergency.
US politicsfromBusiness Insider4 months agoTrump's 'attack' on the IRS could cost the government $1 trillion, former Treasury Secretary saysTrump's IRS cuts could lead to significant revenue loss, estimated at $1 trillion or more over the next decade.