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The Iconic Red Wagon Faces Tariffs Under Trump's Next Wave
Supply LinesA Radio Flyer WagonPhotographer: Tim Boyle/Getty Images via Getty Images North AmericaApril 27, 2026 at 11:00 AM UTCThere is no better current example out there for how President Donald Trump has shaken things up in the global economy than the still-closed Strait of Hormuz. But if you want to grasp some of the ways beyond that in which Trump still plans to shake up global commerce, consider another transportation mainstay: little red wagons.Officials from the US Trade Representative’s office are holding public hearings April 28 and May 5 as part of the tariff investigations Trump ordered after the US Supreme Court ruled the bulk of the duties he imposed last year were illegal. It is all part of the statutory process Trump hoped to avoid and is now forced to go through as his team considers how to put duties on imports from countries they believe don’t enforce bans on goods made with forced labor or that have a “structural excess capacity” in manufacturing.
Tariffs in the second Trump administration - Wikipedia
During his second term as President of the United States, Donald Trump enacted a series of steep tariffs affecting nearly all goods imported into the country.[1] From January to April 2025, the overall average effective US tariff rate rose from 2.5% to an estimated 27%—the highest level in over a century.[2][3] After changes, negotiations, and the invalidation of certain tariffs by the Supreme Court of the United States, the overall average effective tariff rate was 11.8% in April 2026.[4] The items most affected by the tariffs are metals, electrical equipment, vehicles, and computers. Although the Constitution of the United States grants Congress the sole authority to levy taxes, including tariffs, Congress has passed laws allowing the president to impose tariffs unilaterally for national security reasons.[5] Under Section 232 of the 1962 Trade Expansion Act, Trump raised tariffs on cars, steel, aluminum, copper, and related derivative products as high as 50%. New tariffs on large-scale batteries, cast iron and iron fittings, plastic piping, industrial chemicals and power grid and telecom equipment are under consideration.[6] In April 2025, Trump also claimed unprecedented authority under the International Emergency Economic Powers Act (IEEPA) to impose Liberation Day tariffs of at least 10% on goods from nearly all countries. Trump also used the law to impose punitive tariffs against several countries and to order the early closure of the de minimis exemption. In February 2026, the Supreme Court ruled the IEEPA tariffs illegal in the case Learning Resources, Inc. v. Trump.[7] The government estimated that it collected $166 billion from more than 330,000 businesses in IEEPA tariffs that the Supreme Court found unconstitutional, which is in the process of being refunded.[8] After the decision of the Supreme Court, Trump announced a global tariff of 10% under Section 122 of the Trade Act of 1974, to remain in effect for 150 days, until July 24, 2026. He then threatened to increase the rate to 15% and also issued an executive order to maintain the closure of the de minimis exemption under the IEEPA.[9][10] Several states, led by New York, then sued to block these tariffs.[11] Trump also used Section 301 of the Trade Act of 1974 to impose tariffs on Nicaragua starting in 2027 and has threatened to use the law to impose many other country-specific tariffs. The Trump administration argues that its tariffs will promote domestic manufacturing, protect national se...
President Trump's Trade Policy is Delivering for the American People
WASHINGTON - This week, Ambassador Greer testified before the House Ways and Means Committee to lay out how President Trump's trade policy is delivering tangible results for American workers and their families, eliminating long-standing trade barriers abroad while reshoring jobs and production back home.
US Tariffs Impact on Australia: The Unexpected Fallout from the Trump ...
A sudden announcement regarding tariffs has left Australian officials and stakeholders reeling, creating uncertainty in trade relations. In March 2025, a significant development in US-Australia trade relations emerged with an unexpected announcement from the Trump administration regarding tariffs that took Australian officials and businesses by ...
