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MD importers sue Trump administration for tariff refunds. Is it worth it?
Several Maryland firms are suing for refunds after the Supreme Court struck down President Donald Trump’s “Liberation Day” tariffs.
Port of Baltimore generated $65B in 2025, to add grain facility
The Port of Baltimore generated over $65 billion in 2025, with automobiles and light trucks contributing nearly $20 billion amid recovery from the Francis Scott Key Bridge collapse.
Trade court weighs legality of Trump’s 10% global tariff
A trade court examined the legality of President Trump's 10% global tariff amid lawsuits from states and businesses challenging its authority.
Record surge in gas prices fuels consumer inflation in March
U.S. consumer prices increased by the most in nearly four years in March as the war with Iran boosted oil prices and the pass-through from tariffs persisted.
Job growth accelerates by the most in 15 months in March
U.S. job growth rebounded sharply in March as a strike by health care workers ended and temperatures warmed up, but downside risks for the labor market are mounting.
Gas prices hit $4 a gallon as Iran war wreaks havoc on global energy supply
U.S. average gasoline prices rose above $4 a gallon for the first time in more than three years, capping the sharpest monthly rise in decades.
Low layoffs anchoring labor market; Iran war poses threat to stability
Filings for unemployment fell last week, suggesting labor market conditions remained stable even after the economy shed jobs in February.
Costco customers sue for share of refunds from Trump tariffs
Costco faces a nationwide class action seeking refunds for tariffs charged before the Supreme Court struck down Trump-era import tariffs.
Consumer inflation steady before Iran conflict drives up oil prices
U.S. consumer prices picked up in February as the cost of gasoline increased in anticipation of an escalating war in the Middle East.
Small businesses mount legal challenge to latest Trump tariffs
Two small businesses sued the Trump administration over its latest round of tariffs, saying a different law can't be used to reimpose global taxes that were struck down as illegal.
Economy unexpectedly loses jobs, unemployment rises in February
The U.S. economy unexpectedly shed jobs in February and the unemployment rate increased to 4.4%, potentially hinting at a deterioration in labor market condition.
US customs agency says tariff refund system will be ready in 45 days
The U.S. customs agency is readying a system within 45 days to process refunds on President Donald Trump's tariffs that were struck down as illegal.
