The Supreme Court hears arguments this week on whether Trump overstepped federal law with his global tariffs. The decision could fundamentally reshape how presidents wield economic power in foreign policy.
As the holiday shopping season begins, economists warn that tariffs are finally catching up with consumer prices. Bank of America estimates these import taxes are adding about half a percentage point to inflation measures.
MP Materials stock has dropped 30% from October highs despite strong fundamentals. The rare earth company faces a complex paradox: trade deal optimism creates short-term uncertainty while long-term strategic importance grows.
