Trump's Tariffs Face Legal Challenges, $200B Collected

The U.S. has collected over $200 billion in new tariffs this year, primarily from those facing legal challenges. President Trumps recent unilateral tariffs, including fentanyl tariffs, are under Supreme Court scrutiny. A slight dip in collections suggests a slowdown in shipments and adjustments. The outcome could significantly impact businesses and the economy, highlighting a major legal debate on presidential power and congressional authority over taxation and trade.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.