Trump, Tariff and trade deals
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Their lawsuit alleges President Donald Trump illegally invoked the International Emergency Economic Powers Act (IEEPA) to justify the Liberation Day tariffs and other tariffs on Mexico, Canada and China.
A US trade court has for now denied an effort to restore a tariff exemption for small-value packages from China that President Donald Trump ended earlier this year.
Dozens of economies including India, Canada and Mexico face threats of higher tariffs Friday if they fail to strike deals with Washington.
President Donald Trump gave himself more time to reach trade deals with foreign nations, but his efforts to quickly overhaul global trade through tariffs still face challenges at home and abroad.
Here’s the latest on the president levies, some of which he again postponed Monday.
BRASILIA, July 10 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to U.S. President Donald Trump’s threat of 50% tariffs on Brazilian exports, but vowed to reciprocate like-for-like if they take effect on August 1.
An Illinois toy company challenged President Donald Trump’s tariffs in front of the Supreme Court on Tuesday in a long shot bid to press the justices to quickly decide whether they are legal.
President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take effect Aug. 1, including levies on pharmaceutical imports and semiconductors.
The South African Property Owners’ Association (SAPOA) made an urgent high court application this week to have the tariffs reviewed and set aside.
Canada's Senate passed a bill to fast-track approval for natural resource and infrastructure projects on Thursday despite opposition from Indigenous and environmental groups who have threatened protests and legal action.