"I will not be imposing the Tariffs that were scheduled to go into effect on February 1st," President Donald Trump wrote on Truth Social on Wednesday.

The timing of the court’s decision has been the subject of much speculation and anticipation. But now it may not land for at least several more weeks.

President Donald Trump threatened Saturday to impose new 10% tariffs on imports from several European countries. It could unravel months of progress made during trade negotiations settled after Trump’s trade war last year.

Ken Griffin, CEO of Citadel, weighed in on how Trump's economic and geopolitical policies have impacted the US during the World Economic Forum.

By Dave Graham DAVOS, Switzerland, Jan 22 (Reuters) - President Donald Trump's use of tariffs as a foreign policy tool added fresh impetus in Davos this week to efforts to boost global trade beyond the U.

Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.

"Donald Trump’s TACO bell has rung once again, much to the joy of financial markets," one investor said Thursday.

President Donald Trump has said over the last year that money brought in from his increased tariffs would pay for at least half a dozen initiatives -- from reducing the national debt to providing dividend checks to "moderate income patriots" -- but the revenue raised so far can't deliver all of them.