President Donald Trump has imposed tariffs on $2.2 trillion worth of imported goods, claiming they protect domestic producers. Ironically, American small businesses are among those bearing the ...

Omar Villafranca is a CBS News correspondent based in Dallas. He joined CBS News in 2014 as a correspondent for Newspath. Before CBS, Villafranca worked at KXAS-TV Dallas-Fort Worth, at KOTV-TV the ...

Tariffs remain one key lever that Trump can pull, even as China has found markets outside the United States willing to buy its goods, blunting the damage Trump’s levies have imposed. Still, reducing ...

President Trump's tariffs are primarily being paid by foreign companies and foreign governments, writes columnist Matthew Lynn. REUTERS/Carlos Barria/File Photo It was, by any measure, a lot of red ...

The Supreme Court is weighing whether to expand presidential power in a case over Donald Trump’s global tariffs, but key constitutional issues could doom the president’s argument. The high court ...

President Donald Trump told reporters Thursday it would be “devastating for our country” if he lost a Supreme Court case that could invalidate his administration’s most far-reaching tariffs. That ...

At least five justices shared concern about Trump’s unprecedented tariffs. In one of the most significant legal cases for President Donald Trump's administration, the Supreme Court on Wednesday ...

Supreme Court Chief Justice John Roberts grilled Trump Solicitor General D. John Sauer on Wednesday over the administration’s claim that tariffs are not taxes. Sauer is arguing against lower court ...

Tariffs. They've been announced, unannounced, re-announced, raised and lowered. It's an on-going saga with billions at stake! On today's episode, we run full-on at the twisty, turny drama of life with ...

This is read by an automated voice. Please report any issues or inconsistencies here. Costco is suing the Trump administration to reclaim tariff payments, claiming the president lacks legal authority ...

Four Republican senators voted with Democrats on Thursday to approve a bipartisan resolution to repeal President Trump’s global tariffs, including steeper rates on long-time allies such as the ...

Who pays Trump’s tariffs? From one perspective, that is a simple question. Despite the president’s routine claims that foreigners pay them, U.S. Customs and Border Protection bills the U.S. importer ...