The Supreme Court is looking closely at President Trump's tariffs. Experts say this is not just about trade. It's about who has the power to decide how money is collected. Marc Busch, a professor at Georgetown University, talked about this on a podcast. He said the tariffs are really just taxes. And they hurt American businesses more than anyone else. Trump has not...
A $2, 000 check from the government might sound like a dream come true for many Americans. But is it really a good idea? President Donald Trump has been talking about this plan, saying the money would come from tariffs and go to most people, except those with high incomes. This isn't the first time Trump has brought up this idea. He has mentioned it before in fundra...
President Donald Trump recently made a bold statement. He said people who don't like tariffs are making a big mistake. He promised to give every American a $2, 000 bonus. This money would come from the money collected from tariffs. He believes this will show how great his economic plans are. Trump also talked about how his policies have brought a lot of money into t...
The Supreme Court recently discussed whether Trump's tariffs are legal. The tariffs were put in place using the International Emergency Powers Act (IEEPA) to fight the fentanyl trade and impose so-called reciprocal tariffs. The justices seemed skeptical. The government's lawyer even admitted that a future president could use the same law to declare a climate emergen...
The Trump administration has had a major change of heart regarding tariffs. Initially, they were hailed as a financial windfall, promising to reduce the national debt, support farmers, and even send dividend checks to Americans. But recently, the White House's tone has shifted dramatically. During a Supreme Court hearing, the White House's solicitor general, D. John...
The Supreme Court is currently considering a major case about President Trump's tariffs. If they decide these tariffs are illegal, the government might have to return over $90 billion to businesses. However, this process could be complex and slow. Legal experts say that refunds would go to businesses, not consumers. This could give companies a financial boost, but i...
The Supreme Court recently took a close look at President Trump's tariffs, with both conservative and liberal justices expressing doubts about the legal basis for his actions. Over nearly three hours of arguments, the court scrutinized the president's claim that he has the authority to impose tariffs under the International Economic Emergency Powers Act (IEEPA). Tru...
Rick Woldenberg, the head of Learning Resources, is not one to stay silent when his business is at risk. Back in April, he decided to take a stand against the Trump administration's tariffs, which he believes are unfair. He even took the bold step of suing the president and his team. The Supreme Court is now looking into the case to decide if the president has the ri...
The Supreme Court is currently dealing with a big case about President Trump's tariffs. These tariffs are taxes on goods from other countries. The court is trying to figure out if they are legal. A top lawyer for the U. S. government, D. John Sauer, spoke in front of the Supreme Court. He argued that the tariffs are okay. He said they are necessary to protect Americ...
The crypto world is feeling the heat as the Supreme Court kicks off a big case about President Trump's tariffs. This has sent shockwaves through the market, with major cryptocurrencies taking a nosedive. Bitcoin, the big boss of crypto, has dropped by 1% in just a day, now trading at $103, 435. 10. Ethereum, another heavyweight, has taken an even bigger hit, falling...