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Businesses and investors are bracing for uncertainty after Supreme Court justices questioned the legality of a core part of the president's trade policy.
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The deals are among the most politically significant announcements to date in the Trump administration's efforts to rein in high U.S. drug costs.
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Layoffs rise to recession-like levels through October, new report says The Washington PostOctober Challenger Report: 153,074 Job Cuts on Cost-Cutting & AI Challenger, Gray & Christmas, Inc.Trump's economic messaging is clashing with reality as corporate layoffs hit a 20-year high NJ.comLayoff announcements surged last month: The worst October in 22 years CNN
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Trump has other tariff options if the Supreme Court strikes down his worldwide import taxes AP NewsHow Trump's lawyer could pull off another surprise Supreme Court win for his boss CNNStock market today: Dow, S&P 500, Nasdaq waver as layoffs jump, key Tesla vote looms Yahoo FinanceOpinion | Neil Gorsuch delivered the most withering questions in the tariffs case The Washington Post
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Government shutdown prompts FAA to float flight cancellations as Senate talks continue CBS NewsTrump administration will reduce traffic at 40 airports across the US starting Friday if shutdown continues CNNFlights to be reduced at SFO, FAA says NBC Bay AreaFAA Warns of Air Traffic Cuts Friday if Government Shutdown Continues
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White House tells Supreme Court it doesn't care about the tariff money raised The Washington PostTakeaways from Trump's rocky Supreme Court arguments over global tariffs CNNTrump has other tariff options if the Supreme Court strikes down his worldwide import taxes The Seattle TimesAre tariffs taxes on Americans? The fate of blanket tariffs appears to hinge on questions Trump has evaded for years. Yahoo Finance
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Trump's tariffs are raising tens of billions of dollars for the federal government. They're also costing consumers, frustrating businesses and hurting the factories they're supposed to help.
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While President Trump's tariffs might not have legal room to stand on in the current case before the Supreme Court, there are other ways to justify them.
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A key part of the president's trade policy faces scrutiny by the Supreme Court this week, with huge implications for business.
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