In a bold statement, Commerce Secretary Howard Lutnick claims the Supreme Court won't dismantle Trump's tariffs, contrasting Treasury Secretary Bessent's dire warnings about potential refunds. Tune into 'The Axios Show' for insights!
The U.S. budget deficit has surged by 20% this July compared to last year, even with record customs revenue from Trump's tariffs. As spending increases, the financial outlook raises concerns over inflation and job opportunities.
President Trump's tariffs are in legal turmoil after federal courts struck down key levies. As the White House considers alternatives, the future of these tariffs hangs in the balance. Learn what this means for the U.S. economy and the ongoing court battles.