By Dietrich Knauth, Blake Brittain NEW YORK (Reuters) -Five American small businesses asked a U.S. court on Tuesday to halt President Donald Trump's "Liberation Day" tariffs, arguing that he overstepped his powers by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more to the United States than they buy.

In an obscure courthouse in downtown Manhattan, a group of small businesses are taking on one of President Donald Trump's boldest uses of executive authority.

President Trump is resetting on tariffs after almost six weeks of turmoil that threatened to upend his second term. A Monday announcement that the United States and China had come to an agreement

By Dietrich Knauth, Blake Brittain NEW YORK (Reuters) -Five American small businesses asked a U.S. court on Tuesday to halt President Donald Trump's "Liberation Day" tariffs, arguing that he overstepped his powers by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more to the United States than they buy.

Recent U.S. inflation data has sparked debate over the impact of President Trump's tariff policies. Contrary to initial warnings, the figures tell a different story, surprising many and challenging predictions of catastrophic price hikes.

How “tariff zero” would expand opportunities for American exporters and help U.S. companies sell to the world.

Korean beauty brands are maintaining prices despite U.S. tariffs, fearing consumer loss while some are preparing for potential increases due to future tariff escalations.

With his tariff 'deals,' President Trump leaves international trade relationships even more unsettled than before.

Cannes boss Thierry Fremaux addressed Trump’s proposed tariff of 100% on foreign-produced movies and the resilience of American cinema at his press conference on Monday. U.S. President Donald Trump threw the film industry into despair on the eve of the Cannes Film Festival which hosts the world’s biggest market,

Carrier CEO Dave Gitlin has announced thousands of new jobs and an additional $1 billion in investments over the next five years in the latest push to make products in the United States. This comes weeks after President Donald Trump issued tariffs against 86 countries.