If the Supreme Court had opted to uphold tariffs issued under IEPPA, the nation's effective tariff rate would have remained at 16%, the Yale Budget Lab said. Taking into account Section 122 tariffs, the effective tariff rate now stands at 13.7%, the group said.

Trump promised a flurry of new measures but he faces legal limitations.

Tariffs, transactional deals, and trade wars will impact international business after Trump is gone. Four essential issues key to resilient international trade strategy.

Following a Supreme Court decision striking down his tariffs, President Trump announced new global tariffs under a never-used before provision in a 1974 trade law. Hamline law professor David Schultz weighed in on the developments.

In a 6-3 decision by Chief Justice John Roberts, the court upheld a lower court ruling that Trump exceeded his authority by invoking the International Emergency Economic Powers Act (IEEPA) to levy broad import taxes.

President Donald Trump has turned tariffs into the centerpiece of his economic strategy, and in 2026 the policy will bite even harder. The new schedule of import taxes, paired with promised $2,000 "tariff dividend" checks, is reshaping who pays more at the cash register and who might see money back from Washington. I want to...

Today, the Boston Globe  published my article, "Trump's New Tariffs are Another Dangerous Presidential Power Grab" (non-paywall link here).

Trump's new 10% global tariff will make everyday prices, from groceries to cars, more expensive. Here's why it will impact your bank account. (AP Photo)

Health Affairs' Jeff Byers welcomes Stacie Dusetzina of Vanderbilt University Medical Center and David Simon of the University of Connecticut back to the pod to the current state of drug prices, how proposed tariffs may impact the pharmaceutical industry ...