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trade deficits

Shipping containers are stacked up at the port of Oakland
Mar 5, 2026

24 states to sue to block Trump’s latest global tariffs

Twenty-four states challenge Trump's new global tariffs in the U.S. Court of International Trade, arguing he misused the Trade Act after a Supreme Court ruling.

A view of the U.S. Supreme Court building with the American flag waving in front
Feb 20, 2026

SCOTUS rejects ‘emergency’ tariffs imposed by Trump

The U.S. Supreme Court ruled IEEPA does not authorize President Trump to impose tariffs targeting drug trafficking or trade deficits.

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