Prior to the administration of President Donald Trump, the United States played the role of “Uncle Sucker” and was the victim of unfair trade policies worldwide. American goods were either rejected by other countries or faced massive duties, while foreign goods were allowed to flow into our country with minimal tariffs.

Under President Trump, these policies have thankfully changed. In the last fiscal year, tariff revenue for the United States dramatically rose to $215.2 billion, compared to only $77 billion the previous year.

In October of 2025, the first month of the new fiscal year, the country realized an amazing $35.9 billion in tariff revenue. According to U.S. Treasury Secretary Scott Bessent, the President’s tariff policies will garner at least $500 billion in revenue annually.

These successful policies could be stopped by the United States Supreme Court, which heard oral arguments last week on the President’s authority to levy these tariffs.

Trump is using “emergency powers” to issue the tariffs under the International Emergency Economic Powers Act (IEEPA), which was enacted in 1977. The IEEPA gives the President the authority to “regulate a variety of economic transactions following a declaration of national emergency.”

The President’s authority has been challenged by his political opponents, who were successful in a federal appeals court, which ruled in August that these tariff powers lie with Congress and not the Executive Branch.

The administration appealed the ruling to the Supreme Court, who may render a decision by the end of the year. Some legal analysts believe........

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