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Get the Facts: 3 Charts to Show the Effect of President Donald Trump's Tariffs

The Supreme Court weighs whether tariffs under the International Emergency Economic Powers Act have raised $195 billion in revenue despite job losses and rising inflation.

  • On Nov 5, 2025, the U.S. Supreme Court will hear oral arguments testing President Donald Trump's authority to impose tariffs, with the case examining legal and economic implications.
  • IEEPA, a Carter-era law, grants emergency economic powers and the Trump administration invoked it to impose sweeping tariffs, which challengers and lower courts say is unlawful since the statute never mentions tariffs.
  • Treasury data show the U.S. Treasury Department collected $195 billion in customs duties in fiscal year 2025, more than double the $77 billion in fiscal year 2024, while imports reached $342.7 billion in March 2025 ahead of the April 2 tariff announcement.
  • U.S. importers report most tariff costs fall on them amid volatile rates from 30% to over 100%, while factory employment dropped over 40,000 since April and the ISM manufacturing index fell.
  • The administration warns of dire consequences if the tariffs are struck down, while the conservative majority on the Supreme Court has allowed their temporary effect via the emergency docket; Kathleen Claussen says the president could use other statutes despite challenges from businesses and states.
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30 Articles

KOATKOAT
+18 Reposted by 18 other sources
Center

Get the Facts: 3 charts to show the effect of President Donald Trump's tariffs

It has been nine months since the president first announced a round of tariffs on imports and we are now seeing its effects on tariff revenues, trade and inflation.

·Albuquerque, United States
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Lean Left

Opponents of President Donald Trump and his "Emancipation Day tariffs" are finally getting their day in front of the US Supreme Court.

·Belgrade, Serbia
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Brownstone Institute broke the news in on Tuesday, November 4, 2025.
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