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Trump adds 10% tariff on Canada due to TV ad, but IEEPA doesn’t allow its use against ‘information’

President Donald Trump’s extra 10% duty on Canada added fuel to the debate over his legal authority on trade, just as the Supreme Court is about to consider a challenge to his global tariffs. In a Truth Social post on Saturday, he blasted the Ontario provincial government for not immediately taking down a TV ad … Read more

U.S. would have to refund half its tariff revenue if IEEPA duties invalidated

A key source of revenue for the federal government could be drastically slashed if the Supreme Court upholds a ruling that President Donald Trump’s reciprocal tariffs are illegal. On NBC’s Meet the Press with Kristen Welker on Sunday, Treasury Secretary Scott Bessent expressed confidence that the justices would side with the Trump administration, adding that there … Read more

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