Showing posts with label sweeping tariffs. Show all posts
Showing posts with label sweeping tariffs. Show all posts

Thursday, September 04, 2025

Trump's Sweeping Tariffs EXCEED His Authority

©iStock/Stanislav Gvozd
Trump’s tariffs are headed to the Supreme Court after a court ruled them illegal.  A federal appeals court relied on recent Supreme Court rulings when it found President Trump's sweeping tariffs exceed his authority.

Last week, a federal appeals court found that President Donald Trump’s imposition of sweeping tariffs on billions of dollars of goods coming into the U.S. exceeded presidential authority.

Will the Supreme Court side with Trump?  If they do, it provides further evidence of what many Americans fear: that this court has a different set of rules for the Trump administration.

Friday, January 03, 2025

Tariffs: Burdening Even Tiny Businesses With Expensive, Arduous Compliance

©iStock/aprott
Mark Cuban has warned that Trump's plan to impose sweeping tariffs on US imports would burden even tiny businesses with expensive, arduous compliance.

"I think one major point the discussion of tariffs is missing is the time and cost to businesses, even the smallest single person company," the tech billionaire said in an X post on Monday.

He goes on to say, "It's a lot of work. It's a lot of bureaucracy. It almost always required hiring a broker to deal with all of it. And of course there is the ongoing record keeping that each business is responsible for."

Monday, September 02, 2024

Today in Global Small Business: What Will Sweeping Tariffs Across China Cost the United States? Plus, U.S.A. Labor Day

©iStock/vchal
What's affecting me, my clients, my colleagues and other global small business owners: