tariffs

WATCH: Why more family farms are filing for bankruptcy

By Deema Zein, Cecilia Lallmann

The number of American farms struggling to stay afloat is on the rise. Family farm bankruptcy filings last year were up 55% from 2023 and are already trending higher this year.

Supreme Court grants unusually quick hearing on whether Trump has power to impose sweeping tariffs

By Lindsay Whitehurst, Associated Press

The tariffs will remain in place in the lead-up to arguments set for November, a lightning-fast timetable by the Supreme Court's typical standards.

From Trump tariffs to social programs, Mexico’s first female president takes stock in address

By Megan Janetsky, Associated Press

Mexico President Claudia Sheinbaum has celebrated her government’s handling of tumultuous relations with the Trump administration in her first state of the nation address.

What consumers can expect as de minimis exemption ends

By Amna Nawaz, Ryan Connelly Holmes

Americans are no longer able to import cheap foreign goods tariff-free. The Trump administration ended the de minimis exemption, which allowed packages valued under $800 to enter the U.S. with no import tax. Last year, there were nearly four million…

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Appeals court finds Trump had no right to impose tariffs, but leaves them in place for now

By Paul Wiseman, Lindsay Whitehurst, Associated Press

The U.S. Court of Appeals for the Federal Circuit ruled Trump wasn’t legally allowed to declare national emergencies and impose import taxes on almost every country on earth, a ruling that largely upheld a May decision by a specialized federal…

Trump’s 50% tariffs on India over Russian oil purchases take effect

By Rajesh Roy, Associated Press

The situation highlights the fragile trade ties between the two allies. U.S. President Donald Trump had initially announced a 25% tariff on Indian goods, but then imposed an additional 25% tariff due to India's purchases of Russian oil.

August consumer confidence dips with jobs and tariffs driving most unease

By Matt Ott, Associated Press

Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month.

WATCH: Trump promises to revive North Carolina furniture industry ‘like magic’

By Associated Press

President Donald Trump said Tuesday tariffs are coming on furniture imports to help revitalize the domestic industry in North Carolina and South Carolina.

Tariff exemption for small packages ends this week

By Mae Anderson, Associated Press

Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods.

Carney says Canada will match U.S. tariff exemptions under USMCA trade pact

By Rob Gillies, Associated Press

Canada is dropping many of its retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday.