Victor Schwartz, a wine and liquor importer, spoke to ABC News.

The Liberty Justice Center supports enforcing constitutional limits on government overreach.

The Supreme Court will decide whether President Trump’s sweeping global tariffs are legal in a case with major consequences for the global economy and presidential power.

About 7 in 10 Americans are spending more on groceries compared to last year.

The Supreme Court is preparing to consider a high-stakes case regarding presidential tariff authority and separation of powers.

President Trump has wanted to impose tariffs on countries for 40 years. The cornerstone of his economic agenda now heads to the Supreme Court.

Canadian Prime Minister Mark Carney said he told Ontario's premier not to run an anti-tariff ad that angered U.S. President Donald Trump

The Senate has passed a resolution that would undo many of President Donald Trump’s tariffs around the globe

President Donald Trump is heading home after announcing a truce in the trade war between the world’s two largest economies following his meeting with Chinese President Xi Jinping.

South Korea announced they’ve reached an agreement on details of the trade deal with the U.S., following the bilateral meeting between President Lee and President Trump.

ABC News' Selina Wang and Alexis Christoforous discuss the impact of potential trade deals between the U.S. and China.

U.S. and Chinese officials voiced optimism over the weekend about a deal.

Ontario Premier Doug Ford says he doesn’t regret the anti-tariff ad featuring Ronald Reagan that has escalated his feud with President Trump.

Ontario Premier Doug Ford calls his anti-tariff ad "fair and necessary" even after President Donald Trump imposed a 10% tariff on Canadian imports, White House correspondent Kyra Phillips reports.

President Donald Trump announced he's adding an extra 10% tariff on Canadian imports over a negative TV advertisement featuring a speech by President Ronald Reagan.

Officials in the province of Ontario have said the ad, which protests President Donald Trump's tariff policy, will be pulled from the airwaves next week.

It comes as a new report shows inflation increased 3% from last year — the fastest pace since January.

President Donald Trump said he's terminating trade negotiations with Canada citing a negative TV advertisement about tariffs.

Canadian Prime Minister Mark Carney says the U.S. "has tariffs against every one of their trading partners to different degrees."

Canada tariff talks are on hold after an Ontario ad used Ronald Reagan’s 1987 remarks. Trump called it “fake,” though the Reagan Foundation says the clip is real.

U.S. President Donald Trump cut off the talks after an ad ran in the U.S. paid for by the Canadian province of Ontario featuring former President Ronald Reagan criticizing tariffs.

Trump said in a social media post that his tariffs are "the only reason" American cattle ranchers "are doing so well."

Carmakers face tariffs and challenges accessing crucial materials.

ABC News' Christiane Cordero breaks down how much the cost of building homes could increase after new tariffs on furniture and wood products went into effect on Tuesday.

With new tariffs taking effect Tuesday, Goldman Sachs finds American consumers are paying for more than half of the cost of the levies imposed by President Donald Trump.

A UBS report says the new tariffs on wood products could add another $1,000 to the average cost of building a home, on top of the $8,000 in tariff costs we’ve already seen this year.

President Trump threatens an additional 100% tariffs on goods imported from China starting Nov. 1.

China imposed limits on rare earth minerals a day earlier.

Markets tank ahead of tariff hike on China, with the Dow losing 878 points, the Nasdaq down 820.

In a social media post, President Donald Trump wrote that he is not happy with what he calls China's "trade hostility." ABC News' Elizabeth Schulze reports.

ABC News’ Britt Clennett reports from the Chinese city of Yiwu where two-thirds of the world’s Christmas decorations are made, finding U.S. tariffs on Chinese goods have jacked up the prices.

President Donald Trump met with Canadian Prime Minister Mark Carney on Tuesday.

Trump threatened a 100% tariff on "foreign" movies Monday.

President Donald Trump announced that he's imposing a 100% tariff on movies made outside of the United States in a social media post on Monday.

President Trump's newly-announced steep tariffs are scheduled to take effect next week with a 50% tax on cabinets and a possible 100% tax on branded or patented drugs.

President Trump unveiled new tariffs on some consumer goods this week.

President Trump announced in a social media post that he is putting 100% tariffs on "branded or patented pharmaceutical products" unless companies are making a facility in the U.S.

The central bank aims to revive a flagging labor market.

Fed Chair Jerome Powell has warned of a tariff-induced price hike.

ABC News legal contributor James Sample discusses the Supreme Court, which is set to quickly consider if President Donald Trump has the power to impose sweeping tariffs.

Producer prices fell 0.1% in August, cooling down after a sharp hike in July.

ABC News' Elizabeth Schulze on what the tech giant is expected to unveil when it comes to products and prices.

Back-to-school costs jumped 7.3% due to tariffs, but families found smart ways to save. Tips on bulk buying, tax-free shopping and where to find the best deals in 2025.

As kids head back to school, many parents and teachers are adjusting to new prices on school supplies as a result of tariffs. ABC News' Alexis Christoforous reports.

A federal appeals court ruled that the president has no legal authority to impose the surcharges.

Axios Senior Markets Reporter Madison Mills joins ABC News Live Prime to discuss tariff loopholes and what they mean for consumers.

In a 7-4 decision Friday, the U.S. Court of Appeals for the Federal Circuit rejected President Donald Trump's authority to carry out most of his tariffs.

A federal appeals court has ruled that most of President Donald Trump’s sweeping global tariffs are unlawful.

The move ends an era of duty-free buying from online foreign sellers.

The Trump administration closed the de minimis loophole that allowed goods $800 and under to enter the U.S. tax-free and now face 10 to 50% tariffs depending on the country of origin.