Tariff

• The Supreme Court may rule Friday on Trump's tariffs. Here's what's at stake for the economy - The decision is poised to have far-reaching impacts on not only trade policy but also the U.S. fiscal situation.
• Trade deficit in October hits smallest since 2009 after Trump's tariff moves - The trade shortfall was just $29.4 billion for October, down 39% from the prior month.
• Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision - The Treasury secretary cited several sections of 1962 Trade Act that give the president sweeping powers over import duties.
• Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026 - President Trump's tariffs, aimed at reshoring American jobs lost to overseas manufacturing, could end up lowering head count instead