Supreme Court's decision to invalidate Trump's tariffs has strengthened China's hand ahead of the leaders summit in April, at a time when Beijing seeks U.S. concessions on Taiwan.

President Donald Trump's new global tariffs went into effect Tuesday at a rate of 10%, instead of the 15% he said they'd be on Saturday. The post Trump's new worldwide tariffs take effect at 10%

Days after a Supreme Court defeat on trade, the president vowed to keep his tariff agenda alive and insisted his economic policies are working.

Tariff costs are becoming unsustainable for automakers, and they are going to have to raise prices or cut features, said the president of Sonic Automotive.

In a 6-3 decision on Friday, the Supreme Court invalidated the majority of President Donald Trump's global tariffs.

The government is on the hook to refund $134 billion – and counting – worth of tariff revenue collected from President Donald Trump’s most sweeping tariffs, which were rendered illegal by the Supreme Court last week.

While the idea of tariffs paid by foreign countries and generating enough revenue to replace Americans’ income tax sounds appealing, tax experts say both premises are untrue.

By Libby George and Karin Strohecker LONDON, Feb 26 (Reuters) - U.S. tariffs have rerouted trade, but not dented it as much as feared, allowing larger-than-expected economic growth in certain developing markets,