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Clothing and footwear were among the imports most vulnerable to Trump's tariffs, which imposed steep rates on countries such as China and Vietnam.
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The nation's highest court struck down some of U.S. President Donald Trump's most sweeping tariffs on Friday, in a 6-3 decision that he overstepped his authority when using an emergency powers law to justify new taxes on goods from nearly every country in the world.
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S&P 500 jumps after Supreme Court knocks down Trump's emergency tariffs: Live updates CNBC7 key things to know about Trump's tariffs after the Supreme Court decision NPRSupreme Court blunts President Trump's energy weapon AxiosWatch: Trump speaks after Supreme Court strikes down tariffs CNBC
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If tariff refunds materialize, Costco's decision could look like sharp strategic timing.
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Here's what corporate leaders need to know about the billions of dollars on the line following the Supreme Court's ruling against President Trump.
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The ruling deals a major blow to his signature economic policy and represents a stinging political setback.
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U.S. economic growth slowed sharply at end of 2025, dragging down the year The Washington PostFourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3% CNBCU.S. Economy Grew More Slowly at End of 2025 The New York TimesGDP (Advance Estimate), 4th Quarter and Year 2025 Bureau of Economic Analysis (BEA) (.gov)Trump's economy dec
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Stock Market Today: Nasdaq Charges Higher As Trump Announces Global Tariff; Nvidia Rises (Live Coverage) Investor's Business DailyStock Market Today: Dow, S&P 500 and Nasdaq climb; Trump announces new 10% global tariff after Supreme Court strikes down emergency tariffs; Treasury yields rise, dollar retreats MarketWatchThe Friday trade returns. US stocks make a recovery investingLive
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Trump says world has 10 days to see if Iran agrees deal or 'bad things happen' BBCTrump appears ready to attack Iran as U.S. strike force takes shape The Washington PostA look at the US military's Mideast buildup, technically the region's largest since 2003 The Times of IsraelAs Trump Weighs Iran Strikes, He Declines to Make Clear Case for Why, or Why Now The New York Times
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Also in Weekend Reads: Reactions to the Supreme Court ruling against Trump's tariffs, AI and your taxes, and a deeper look into business-development companies.
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Majority of Americans think Trump's deportation campaign is going too far The Washington PostTrump's immigration approval hits new low, according to Reuters/Ipsos poll ReutersCracks emerge in Trump's ‘ruthless' midterms strategy MS NOWDonald Trump's approval ratings dip further in 2026. What the polls show Democrat and ChronicleTrump's approva
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Trump could levy import taxes through four other trade rules.
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President Donald Trump's "reciprocal" tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.
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The Supreme Court's decision to invalidate many of President Trump's tariffs raised questions about what would become of agreements struck with major U.S. trading partners.
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President Trump was the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
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Dow slips after weak GDP data as traders await possible tariff court decision: Live updates CNBCRead the Supreme Court's Decision on Trump's Sweeping Tariffs The New York TimesInvestors brace for 'knee-jerk market reaction' to a coming Supreme Court tariff decision Yahoo Finance4 issues to watch after Supreme Court ruling overturns Trump tariffs USA TodayWatch: Gary O'Donoghue on US Supreme Court ruling against Trump tariffs
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The U.S. trade deficit swelled in December, closing out a year in which the imbalance was essentially unchanged.
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