The tip of the iceberg? FedEx is looking for a tariff refund from the U.S. Court of International Trade.

Trump reached for a stop-gap option immediately after his defeat Friday at the Supreme Court: Section 122 of the Trade Act of 1974 allows the president to impose tariffs of up to 15% for up to 150 ...

The conservative justice’s regrettable opinion in Learning Resources v. Trump.

Rep. Andrew Clyde, R-Ga., joins 'Mornings with Maria' to discuss President Donald Trump’s tariff authority after the Supreme Court ruling, the ongoing DHS shutdown and the push for the SAVE America ...

Today’s Forbes Daily also covers financial market fallout from Trump’s tariffs, FedEx sues the government, Novo Nordisk tumbles, winter storm cancels flights and more.

The average effective U.S. tariff rate will settle around 10.2 per cent including those exemptions, down from 13.6 per cent before the court decision, according to a Bloomberg Economics analysis.

While immediate windfall will be for the importer who would have to pay 40% less tariffs, some of it may be passed on to Indian exporters.

Trade attorneys, customs brokers and importers are racing to figure out if tariff refunds will be available—and when.

The US Customs department said it would begin imposing tariffs at a lower rate than the 15 per cent threatened by Donald Trump.