The Supreme Court will release rulings today on several issues, but what time is their ruling on SCOTUS' tariffs? What we know

The change in the average U.S. tariff rate in 2025 was the largest in the modern era. One way to assess the effects of such a large shock on unemployment and inflation is by looking at data from pre-World War II periods with tariff rate changes of a similar magnitude.

EU’s Anti-Coercion Instrument is its most powerful trade weapon. It allows Brussels to retaliate against countries that use tariffs or economic pressure to force political or strategic concessions.

Trump says tariffs increase the amount of tax raised by the government, encourage consumers to buy more American-made goods and boost investment in the US. He wants to reduce the US trade deficit - the gap between the value of goods it buys from other countries and those it sells to them.