IEEPA

Costco Wholesale Corp. (NASDAQ:COST) has become the subject of a proposed nationwide class-action lawsuit demanding refunds for customers who were charged higher prices before the Supreme Court nullified tariffs imposed by the Trump administration. The lawsuit was filed Tuesday in a...

A group of 24 states has initiated legal action against the Trump administration, challenging the legitimacy of a newly enforced 10% global tariff under Section 122 of the Trade Act of 1974. The lawsuit was lodged at the Court of International Trade, New York, on Thursday. The Democrat-ruled states...

The U.S. Court of International Trade in New York has ordered the government to refund potentially billions in tariffs to importers, stating that these tariffs were unlawfully collected. Judge Richard Eaton issued the directive on Wednesday on the lawsuit that was initiated by Atmus...

A federal court on Monday denied the Trump administration's request to delay the refund of billions of dollars in tariffs. Lawyers stated in a court filing, “Nothing about the refund issue warrants any delay in issuing this Court’s mandate, let alone a staggering...

FedEx Corp. (NYSE:FDX) on Monday filed a lawsuit against the U.S. government, seeking to recover tariffs imposed by the Donald Trump administration. Supreme Court Strikes Down Tariffs This move follows a Supreme Court ruling last week that deemed these tariffs, imposed by Trump under the...

The U.S. Supreme Court raised doubts regarding President Donald Trump’s authority to impose sweeping tariffs using a decades-old emergency powers law. The Use of IEEPA Questioned During oral arguments on Wednesday, both Conservative and Liberal justices on the bench questioned Trump’s...

Ahead of the Supreme Court’s hearing on the legality of his tariffs on Wednesday, President Donald Trump has confirmed he will not attend, even though he really wanted to. ‘It’s Not About Me,’ But The Country “I wanted to go so badly,” Trump told reporters aboard...

A federal appeals court allowed President Donald Trump‘s sweeping tariffs to remain in effect Tuesday while reviewing the lower court decisions that blocked the duties on constitutional grounds. What Happened: The U.S. Court of Appeals for the Federal Circuit granted a temporary stay,...

President Donald Trump claimed losing legal challenges to his sweeping tariffs would lead to the “economic ruination” of America after federal courts blocked his emergency trade powers while an appeals court provided temporary relief. What Happened: Trump warned on Truth Social Sunday...

The U.S. Commerce Secretary, Howard Lutnick, doubles down on the Trump administration’s tariff strategy following recent federal court rulings that blocked key trade policies, declaring America’s trade deficit a national emergency requiring immediate action. What Happened: In a Fox News...

Editor’s Note: This story has been updated to include the latest details A federal court struck down global tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act on Wednesday. This ruling could significantly impact the administration’s...

President Donald Trump is facing a lawsuit over the 20% tariffs imposed on Chinese goods. This marks the first known legal challenge against these tariffs. What Happened: The lawsuit, filed on Thursday, challenges Trump’s use of the International Emergency Economic Powers Act of 1977,...