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How do tariffs work?

Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive.
US President Donald Trump speaks during a press conference at the White House, Washington, D.C., US on February 20, 2026. Kyle Mazza/Anadolu via Getty Images (NEW YORK) — President Donald Trump rushed ...
When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...
The Supreme Court’s decision invalidating Trump’s tariffs has created a pool of uncertain refund claims, introducing a complex new issue in M&A deals where targets may be entitled to tariff recoveries ...
When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...