For months President Donald Trump has been slapping higher tariffs on practically every country’s exports to the United States, citing emergency economic powers. Now, just as he’s about to enact a new round of tariffs,

The U.S. Constitution gives the power to impose taxes — including tariffs — to Congress. But lawmakers have gradually relinquished power over trade policy to the White House. And Trump has made the most of the power vacuum, raising the average U.S. tariff to more than 18%, highest since 1934, according to the Budget Lab at Yale University.

U.S. appeals court judges sharply questioned on Thursday whether President Donald Trump's tariffs were justified by the president's emergency powers, as lawyers for states and businesses challenging the measures argued he exceeded his authority.

President Donald Trump says the United States and India are still negotiating on trade despite new tariffs slated to begin in a few days

Trump hit Brazil with 50 percent tariffs. The U.S. imposed 50 percent tariffs on Brazil yesterday, the highest levy President Trump has applied to another country in his current t