The NCLA ’s lawsuit, filed in Florida on April 3rd, does not quarrel with Mr Trump’s declaration of a national emergency concerning fentanyl. But it argues that the IEEPA “does not even mention tariffs” and notes that “no previous president” has turned to the statute to introduce tariffs in its nearly five-decade history.

Where does the money collected from tariffs go? How soon will prices rise for consumers? What tariffs are other countries charging on U.S. goods?

China announced additional tariffs of 34% on U.S. goods on Friday, retaliating to President Donald Trump's sweeping tariffs this week that have fed fears of a recession and triggered a global stock market rout.

STORY: With Trump announcing new tariffs this week, workers at carmaker Stellantis were worrying about their futures.The company announced Thursday it is temporarily laying off 900 workers at five U.S.

Tariffs could increase iPhone prices by up to 43% - Rosenblatt Securities Samsung may gain advantage due to lower tariffs on South Korea Apple shares closed down 9.3% on Thursday April 3 (Reuters) - Your favorite iPhone could soon become much pricier,

Stock markets worldwide are careening even lower Friday after China matched President Donald Trump's big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S.

Everything from crude oil to Big Tech stocks to the value of the US dollar against other currencies has fallen.