Conversation around tariffs has surged after the U.S. Supreme Court recently struck down the broad global tariffs that President Trump had imposed under emergency powers, ruling they were unconstitutional because only Congress can levy taxes like tariffs.

A new bill, the Payback Act, aims to refund Americans for tariffs paid. But will consumers actually get money back? What we know

It’s been nearly a year since the word tariff moved from the back pages of economic textbooks to the front and center of media hype, and most people still do not understand how they work. While tariffs are often framed as a tax on foreign nations, the ...

Add Yahoo as a preferred source to see more of our stories on Google. The US Supreme Court has ruled that President Donald Trump overstepped his powers when he imposed sweeping global tariffs last year. In its 6-3 decision, the court ruled that Trump could ...

Democrats have demanded refunds after the Supreme Court ruled against President Donald Trump's sweeping tariffs.

Anyone who paid the taxes should get reimbursed, but the high court did not address how. Business owners wonder if they'll need lawyers, brokers, money — or luck.

US President Donald Trump has introduced a new 10% global tariff rate after the Supreme Court ruled that the majority of tariffs he introduced in 2025 were illegal. Trump argues that his import taxes have boosted US manufacturing and created jobs.

Tariffs have long been treated as a straightforward recipe for higher prices, a kind of tax on trade that inevitably trickles down to shoppers. New research is complicating that story, suggesting that the impact on inflation can run in the opposite ...