Using various other justifications, the White House can implement its tariffs regardless of a Supreme Court loss, said Bessent.

Trump’s sweeping 2025 tariffs on imports are disrupting global trade and creating new economic risks for consumers, businesses, and investors.

Big names like Revlon, Bumble Bee Foods and Kawasaki Motors have filed similar suits. The outcome could impact retail pricing, trade policy, and refunds for hundreds of importers if the Supreme Court strikes down the tariffs.

Gina Raimondo led the agency responsible for crafting U.S. trade policy during all four years of Democrat Joe Biden's presidency.

Fox News correspondent Steve Harrigan reports on how President Trump’s kitchen-cabinet tariff is fueling new investment and growth at an Alabama factory on ‘Special Report.’

The labor market was dealt another jolt when the ADP report showed private employers shedding 32,000 jobs in November

Prime Minister Narendra Modi and President Vladimir Putin have graced billboards across India in recent weeks. One caption reads: “The dialogue began decades ago. We’re just turning up the volume.” Another hails the “old friendship” between the two nations.

The Trump administration said the tariff rate for vehicles from South Korea will drop to 15% as part of a trade deal.