President Donald Trump said he will impose a 10% tariff on goods from every country and that it "will be effective almost immediately." The post Trump Announces ‘10% Tariff on All Countries’ first appeared on Mediaite.

Supreme Court limits Trump's tariff powers as trade duties surge 300% since his return, generating $124 billion in revenue but raising consumer concerns.

Sen. Maria Cantwell (D-Wash.) penned a letter to Treasury Secretary Scott Bessent asking for a “detailed explanation” of how the Department of the Treasury will dole out tariff refunds in the wake of

President Donald Trump says he'll enact a 10% global tariff using other federal laws after the Supreme Court ruled against his far-reaching global tariffs on Friday.

The Supreme Court blocked Trump's IEEPA tariffs, but he has other ways to impose sweeping duties — some of which are already being dusted off.

Trump announced the idea of rebates in November, writing on Truth Social that a check of “at least $2,000 a person (not including high income people!) will be paid to everyone” using revenue collected from his tariffs. He later said that any leftover money would be used to “SUBSTANTIALLY” pay down the nation’s around $38 trillion national debt.

Trump kicked off his global tariff push on Apr. 2, 2025, a date he dubbed “Liberation Day.” He imposed so-called “reciprocal tariffs” ranging from 10% to 50% on a broad range of countries, from China to Canada. He argued that persistent trade deficits constituted a national emergency.

The Supreme Court said its rationale for overturning most of Trump's tariffs was the same one it used to strike down Biden's student-loan forgiveness.