Showing posts with label import taxes. Show all posts
Showing posts with label import taxes. Show all posts

Friday, September 19, 2025

The Supreme Court Issues Major Announcement Concerning Tariffs

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Small businesses and states challenging the tariffs say Trump illegally invoked emergency powers to levy import taxes on goods from nearly every country, pushing them to the brink of potential collapse.

The nation's highest court, the Supreme Court, agreed to expedite a case challenging Trump's authority to impose broad tariffs under federal law. The justices scheduled arguments for November, an unusually quick timetable by the court's standards.

Let's see where this goes.  Hold on global small businesses.  Keep fighting!

Tuesday, July 08, 2025

Tariffs: Oh Keep Up Will You?

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President Donald Trump has delayed imposing higher tariffs on US imports, while sending letters to 14 countries including Japan and South Korea detailing the levies they face.

The latest development on global trade by Trump comes as a 90-day pause the White House placed on some of its most aggressive import taxes was set to expire this week (7/7/25).

Starting August 1, 2025, here's what you might expect.  Chaos in the name of the game here.

Friday, February 07, 2025

Something Snapped In Us

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After US President Donald Trump threatened Canada with steep tariffs, Monika Morelli from Montreal cancelled her subscriptions to Netflix and Amazon, two giant American companies.  She also called off a trip that she had planned for later in the year to New Orleans.

"There is something that has been irrevocably broken now, after centuries of the US and Canada being allies," Ms Morelli, 39, told the BBC.

The threaten of import taxes, she said, plus Trump's remarks that Canada could become the 51st US state, "have made something snap in us all".

Read more about how Trump tariffs have caused a riff beyond repair with Canadians.