The chances of businesses getting tariff refunds grew significantly on Wednesday after the Trump administration’s case to keep most of his levies in place was met with deep skepticism from multiple conservative and liberal justices.

President Donald Trump on Thursday acknowledged that U.S. consumers are paying more for goods because of the tariffs he has set, a shift in rhetoric even as he insisted that the policy has benefited Americans overall.

Lawyer Neal Katyal argues Trump tariff case at Supreme Court while collaborating with John Mulaney on "The West Wing"-style TV series about the high court.

The country’s dairy farmers produced a bumper harvest of milk, but higher U.S. duties have forced them to consider ways to cut back, including slaughtering cows.

China’s exports have declined for the first time since the US unleashed its “liberation day” tariffs in April, highlighting the impact of months of trade tensions even as the two powers struck a truce.