trade policy
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In a rare and pointed acknowledgment, Federal Reserve Chair Jerome Powell publicly linked higher consumer prices to tariffs imposed during the Trump administration, underscoring how past trade policies continue to affect American households. Speaking at a recent press briefing, Powell said that total Personal Consumption Expenditures (PCE) prices rose 2.8% over the 12 months ending…
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The legal battle over sweeping tariffs imposed by President Donald Trump took center stage this week with the Learning Resources, Inc. v. Trump case, which challenges whether the president has the authority, under the International Emergency Economic Powers Act (IEEPA), to unilaterally impose import duties without congressional approval. Here’s what you need to know —…
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The U.S. Supreme Court appeared poised Wednesday, November 5, 2025, to strike down President Donald Trump’s sweeping tariffs on imports from China and 12 other nations, with several conservative justices joining liberals in questioning whether the administration overstepped its authority under a 1977 emergency powers law. In a rare consolidated hearing of Learning Resources, Inc.…
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President Donald Trump’s sweeping tariffs on goods from Canada, Mexico, and China have reignited legal debates over the limits of executive power. With the U.S. Constitution granting Congress sole authority over trade regulations, Trump’s unilateral imposition of tariffs raises serious legal questions. Not only will these tariffs disrupt international trade agreements like the USMCA, but…
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On February 1, 2025, President Donald Trump issued three executive orders (EOs) imposing new tariffs on imports from China, Mexico, and Canada. Initially scheduled to take effect on February 4, 2025, tariffs on Mexican and Canadian imports were delayed by one month following last-minute negotiations. However, the tariffs on Chinese imports proceeded as planned, going…
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