President Trump announced on Truth Social that a $2,000 “tariff dividend” would be paid to Americans excluding “high income people,” promising that remaining funds after these payments would be used to “substantially pay down national debt.” The announcement …
The Supreme Court heard nearly three hours of oral arguments on November 5, 2025, in the consolidated cases Learning Resources, Inc. v. Trump and Trump v. V.O.S. Selections, addressing whether the International Emergency Economic Powers Act (IEEPA) authorizes President Trump to unilaterally impose …
On November 4, 2025, President Trump issued two executive orders modifying tariff rates with China as part of an economic and trade arrangement. The first order, “Modifying Reciprocal Tariff Rates Consistent With the Economic and Trade Arrangement Between the United States and the …
The Trump administration filed an expedited emergency petition with the Supreme Court seeking to overturn the Federal Circuit’s August 29 ruling that declared Trump’s sweeping tariffs illegal under the International Emergency Economic Powers Act (IEEPA). The government asked the Court to …
The U.S. Court of Appeals for the Federal Circuit ruled 7-4 that President Trump unlawfully exceeded his emergency powers authority when imposing sweeping tariffs under the International Emergency Economic Powers Act (IEEPA). The full court held that Trump’s ‘reciprocal tariffs’ …
Trump adds additional 25% tariff on India (total 50%) explicitly for “directly or indirectly importing Russian Federation oil.” Executive order est…
Trump declares “national emergency” and imposes highest global tariff (50%) on Brazil explicitly for “politically motivated persecution” of former …
Freight Technologies Inc., a North American shipping logistics company, announced a $20 million purchase of President Trump’s cryptocurrency ($TRUMP) as a strategic attempt to influence White House trade policy and lobby for tariff relief. CEO Javier Selgas explicitly stated the goal was to …
President Trump unveiled ‘Liberation Day’ tariffs on April 2, 2025, imposing a baseline 10% tariff on all imports and specific higher rates on key trading partners like China (34%) and the EU (20%). Describing the global trade system as having ’looted, pillaged, raped and …
Trump implements 25% tariffs on Canada and Mexico, 10% on China effective February 4, 2025, with plans for universal 10% tariffs. Senate Democrats later call for SEC investigation after Trump posts “GREAT TIME TO BUY” before announcing tariff pause in April, raising his net worth by $415 …
In Trump’s second term, tariff policy became increasingly opaque, with exemptions granted through a non-transparent process heavily influenced by lobbyists and political connections. The administration replaced the previous public application process with closed-door negotiations, raising …
Phantom Fireworks CEO Bruce Zoldan met with Trump in May 2019 to lobby against tariffs on Chinese fireworks. Shortly after, Zoldan’s company provided an estimated $750,000-$1,000,000 in fireworks and services for Trump’s “Salute to America” July 4th event. The administration …
Trump administration exempted Argentina from steel and aluminum tariffs in May 2018 while Trump Organization was seeking trademark approvals in Argentina. After securing two trademarks in November 2019, the administration abruptly reinstated tariffs on Argentina weeks later, citing dubious …
Reyes Holdings, a Coca-Cola bottling giant owned by two major Republican donors, secured a tariff exemption for PET plastic resin with no public explanation, leaving industry insiders baffled. Records show the company had recently hired lobbyists with close White House ties, heightening suspicions …
Academic study of over 7,000 tariff exemption requests finds firms with political connections to Trump, especially those donating to Trump or Republican causes, had significantly higher approval rates, while those linked to Democrats were more often denied. Internal government audits describe the …
Rusal America, a subsidiary of Russian metals giant controlled by oligarch Oleg Deripaska (sanctioned for election interference), received aluminum tariff exemption from Commerce Department in July 2018. Warren’s congressional inquiry exposed the improper approval, forcing Commerce Department …
Cook’s ‘charm offensive’ through multiple dinners and meetings with Trump 2018-2019 secured Apple exemptions from China tariffs on iPhones and core products. Cook dined at Trump Tower, Bedminster golf course, attended White House state dinner, gave Trump Mac Pro plant tour. Apple …