The U.S. Supreme Court has ruled former President Donald Trump’s tariffs unlawful, limiting the scope of presidential emergency economic powers. University of Minnesota political science professor

As of late August 2025, the economic environment remains uncertain with effective tariff rates now around 15-20% on average across all US imports. A resolution to tariff uncertainty has mostly arrived with lower-than-feared rates for many major trading ...

Rising trade frictions over the past decade have sparked urgent questions about their long-term impact on global economies. The U.S. now applies tariffs of 66.4% on Chinese exports, which is higher compared to the average rate of 19.3%, while China ...

The U.S. Supreme Court is reviewing a case to determine whether President Donald Trump’s global tariffs are legal. Until recently, tariffs rarely made headlines. Yet today, they play a major role in U.S. economic policy, affecting the prices of ...

A study by Federal Reserve Bank of San Francisco researchers suggest that inflation initially declines when tariffs are implemented, as demand falls, but then rise in the longer term as economic activity picks up, according to an economic letter released ...

U.S. President Donald Trump hosts a bilateral meeting with South Korea’s President Lee Jae-myung in the Oval Office, Aug. 25, 2025. Credit: Official White House Photo by Daniel Torok In a late January post on Truth Social, U.S. President Donald Trump ...

The recent amendment to electricity tariff rules by the Ministry of Power will bring changes to electricity bills in India. Learn about the new Time of Day (ToD) tariff, its effects on pricing during different hours,

An economic breakdown of why punitive 50% tariffs—aimed at India’s Russian oil imports and BRICS currency talks—may backfire on the U.S. economy.