Latest news on tariffs, covering US trade policy, import duties, the trade war, retaliatory tariffs and countertariffs, customs, legal challenges, consumer prices and global supply chains.
Tariffs are taxes on imported goods. Governments use them to protect domestic industries, raise revenue or put geopolitical pressure on other countries. They remain one of the most debated tools of trade policy, and economists, politicians and business leaders still argue over who ultimately pays.
Since 2025, the United States under President Donald Trump has pursued a sweeping tariff programme, including reciprocal tariffs and sector duties on steel, aluminium, cars and other goods. Trading partners such as China, Canada, Mexico and the European Union have responded with negotiations, deals and retaliation, and many trade wars have followed. Courts have tested the legal authority for these measures. In February 2026 the US Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not authorise tariffs, and governments have turned to other powers, including Section 232 and Section 122.
The effects reach businesses and households. Importers, retailers, manufacturers and farmers weigh higher costs, shifting supply chains and export markets, while shoppers see the impact on prices and inflation. Some protected industries gain, while others face higher input costs. Questions about refunds, customs enforcement and exemptions often feature in reporting.
Tariffs have a long history. They were once the main source of US federal revenue, and the Smoot-Hawley Tariff Act of 1930 is widely seen as having worsened the Great Depression. After the Second World War, the General Agreement on Tariffs and Trade and later the World Trade Organisation (WTO) worked to lower barriers. The return of high tariffs has revived debates about protectionism, industrial policy and national security.
NewsNow's tariffs news feed brings together the latest headlines on tariffs, trade wars, import duties, retaliatory tariffs, customs, trade deals and court rulings from trusted sources.