At the 2026 State of the Union, President Trump told Supreme Court justices their tariff decision 'backfired' and vowed new tariffs would stay in place by other means.
After the Supreme Court struck down tariffs imposed under IEEPA, FedEx filed suit seeking a refund of duties it paid. This could be the start of big corporate claims and a long legal cleanup.
A Tax Foundation study says tariffs raised household costs by about $1,000. The headlines stopped there. A fuller picture shows tax changes, factory investment, and cheaper energy that supporters say offset that figure.
President Trump issued an executive order declaring a national emergency over Cuba, citing ties to hostile actors and announcing tariffs on countries that send oil to the island. The move raises questions about enforcement, allies, and the real policy goal beyond tough rhetoric.