Trump has been talking about giving Americans a $2, 000 check from tariff money. But there's a big problem: new laws need to be made for this to happen. Trump said the money would come next year. He thinks the U. S. has enough money from tariffs to do this. But others aren't so sure. They say only Congress can decide how to spend federal money. And it's not clear if...
The Supreme Court is currently reviewing a case that could significantly alter President Trump's trade policies. Several states and small businesses are contesting the legality of Trump's tariffs, and many of the justices seem sympathetic to their arguments. Trump has been using the International Emergency Economic Powers Act (IEEPA) to justify most of his tariffs. ...
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...
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...
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...
The Supreme Court was packed with spectators, including high-profile figures like Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, as they heard arguments about the legality of President Trump's tariffs. This event stood out because it happened during a government shutdown, which had left much of Washington quiet and empty. Outside, the scene ...
The Supreme Court is currently looking into whether the president can impose tariffs on almost every country using a law meant for emergencies. This is a big deal because it's about how much power the president has and how it affects trade. The president has been using a law from 1977, called IEEPA, to put these tariffs in place. This law was made to deal with emerg...