July 24, 2026 · Economy, Trade & Fiscal Policy
Confirmed
Small Businesses Sue Over Trump's New 10%-12.5% Tariffs Hours After They Take Effect
Two small businesses — the New York spice company Burlap and Barrel and the California watch retailer Collective Horology — sued on July 24, 2026 to challenge the administration's newest tariffs, which apply rates of 10%...