Trump's Tariffs: What's In Place, What's Next, What's Illegal

President Trump's tariffs have been a constant source of change and uncertainty for businesses and consumers. This week, a federal trade court ruled that a 10 percent tax on most imports exceeded the president's legal authority.

This ruling is the latest twist in the president's trade strategy, which has seen tariffs reworked multiple times. The 10 percent duty remains in place for now as an appeal is underway. This legal battle adds to the ongoing uncertainty surrounding the administration's global trade policies.

Many of the tariffs Trump initially imposed were struck down by the Supreme Court in February. The administration is now working to refund about $166 billion collected under those duties. The first refunds are expected to be sent out soon.

These earlier tariffs included country-specific rates aimed at combating illicit drug sales. They also included 'reciprocal' tariffs imposed in response to perceived trade imbalances. These have been largely invalidated by the courts.

Other tariffs, such as those on cars and steel imposed for national security reasons, are more legally stable. However, these rates have also changed frequently as the White House pursued its economic goals.

Despite legal setbacks, President Trump plans to continue adjusting his trade policies. The administration is investigating trade practices in dozens of countries using different legal authorities. Trump aims to reinstate tariffs similar to those in place before the Supreme Court ruling.

Trump has also continued to threaten new tariffs on countries, including those in Europe. He has stated his intention to double down on his strategy, even when facing court challenges. "We always do it a different way," Trump said this week, referring to his approach after the latest court loss.