The Tax Foundation, a nonprofit think tank, estimates the tariffs amount to an average tax increase of $1,300 per household in 2025.

The world awaits the US Supreme Court’s decision on the Trump administration’s tariff policies, which could reshape US trade law and global markets.

If the apex curt rules in favour of the petitioner then Trump's Liberation Day tariff tactics would be upended, The Fed government would most likely have to refund some of the billions of dollars it ...