Supreme Court skips Trump tariff ruling
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The Supreme Court indicated on its website that it has set Friday as an opinion day, suggesting that it will release decisions in argued cases. This will be the first opportunity to hear a ruling on Trump's "Liberation Day" tariffs.
As President Donald Trump piled on new tariffs last year, many economists quickly warned that prices and unemployment would spike. With most of the 2025 economic results in, it’s looking like those forecasters get partial credit.
James Blanchard, a fourth-generation shrimper, was prepared to hang up his nets because of collapsing prices caused by imports. He's not a fan of Trump's persona, but appreciates his policies.
Falling rents and looming tariff impacts may lift goods inflation, squeeze margins, and raise recession risk. Read more on tariffs here.
Evidence suggests President Trump's tariffs will ultimately slow economic growth, a particularly concerning prospect because the S&P 500 currently trades at a valuation last seen during the dot-com crash.
Economists and state officials have raised concerns that tariffs hurt the consumer, largely due to many imported goods charging higher prices, which can eat into the wallets of businesses and households across America. Reactions to the impact of tariffs on the economy have been mixed.
Many Americans regard both nickels and pennies as more nuisance than currency. The typical household is sitting on $60 to $90 in neglected coins, enough to fill one or two pint-size beer mugs, according to the Federal Reserve. Americans throw away millions of dollars in coins every year, literally treating them like trash.
A new survey shows supply chain difficulties, unfamiliarity with new markets, and lack of funding are also key hurdles for local firms.