tariffs

Between COVID shortages, expired EV tax incentives, and tariff anxiety, vehicle sales have been volatile in the last few years and down in the last few months. But things could be picking up.

The tariff on imported goods under $800 is still in effect even after a recent U.S. Supreme Court ruling.

The President is using Section 122 of the Trade Act of 1974 to impose tariffs on most foreign imports. But unlike his previous tariffs, these will expire in 150 days unless Congress extends them.

The Budget Lab at Yale has been tracking the economic impacts of the Trump administration’s tariffs since shortly after “Liberation Day” in 2025.

The tactic, which can be legally gray, involves shipping goods through a country with lower tariffs.

It’s been a confusing ride. Here’s a timeline of what is happening and what tariffs are currently in place.

The Supreme Court released a decision Friday finding that the president does not have the authority to impose tariffs under the International Emergency Economic Powers Act.

Wholesale inventories ticked up just 0.2% in December compared to the month before. It’s a sign inventories have stabilized since widespread tariffs were enacted last year.

The U.S. imported more goods and services than it exported — around $70 billion worth — in December, according to new data from the U.S. Bureau of Economic Analysis.

A report from the JPMorgan Chase Institute looked at the impact of President Donald Trump’s tariffs on companies that often don’t have the same flexibility as larger firms to switch up their supply chains.