World leaders during the G7 Leaders’ Summit in Kananaskis, in Alberta, Canada, June 17, 2025. Amber Bracken |Reuters U.S. trading partners offered a cautious welcome to the U.S. Supreme Court’s decision Friday to strike down large parts of President Donald Trump’s flagship trade policy on global tariffs — but global trade bodies warned of lingering…
President Donald Trump said Friday he will sign an executive order imposing a new 10% “global tariff,” hours after the Supreme Court struck down his sweeping “reciprocal” import duties in a major rebuke of his trade agenda. The new tariffs will come on top of the existing levies that remain intact following the high court’s…
The Supreme Court during a rain storm in Washington, Feb. 20, 2026. Annabelle Gordon | Bloomberg | Getty Images The Supreme Court on Friday ruled that President Donald Trump’s country-specific “reciprocal” tariffs are unconstitutional, delivering a win for many consumer companies facing higher import costs. But the ruling doesn’t cover all sectors. The Supreme Court…
The retail industry on Friday said the Supreme Court’s ruling that struck down some of President Donald Trump’s global tariffs would usher in more predictability and flexibility for innovation, freeing up businesses from the burden of higher import costs. “The Supreme Court’s announcement today regarding tariffs provides much-needed certainty for U.S. businesses and manufacturers, enabling…
The Port of Los Angeles is seen from the Goodyear Blimp on Thursday, Dec. 11, 2025 in Los Angeles, CA. Juliana Yamada | Los Angeles Times | Getty Images New data from the Port of Los Angeles shows that commitments made by China to buy more U.S. agricultural products as part of a trade bargain…
Cranes unload shipping containers from a ship at the Port of Long Beach Wednesday, Jan. 14, 2026. Allen J. Schaben | Los Angeles Times | Getty Images A record-breaking number of companies shipping products into the United States are coming up short on a federal government requirement to financially guarantee they can cover the import…
HUZHOU, CHINA – JANUARY 27: An employee works on the beverage production line to meet the Spring Festival market demand at Leyuan Health Technology (Huzhou) Co., Ltd. on January 27, 2026 in Huzhou, Zhejiang Province of China. Wang Shucheng | Visual China Group | Getty Images A year after U.S. President Donald Trump’s tariffs spooked…
U.S. President Donald Trump (R) meets with Canadian Prime Minister Mark Carney in the Oval Office of the White House on October 07, 2025 in Washington, DC. Anna Moneymaker | Getty Images The House is scheduled to vote Wednesday on a resolution disapproving of President Donald Trump‘s tariffs against Canada, in what could amount to…
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan has told Washington that its proposal to move 40% of the island’s semiconductor supply chain to the U.S. was “impossible” to execute, the country’s top tariff trade negotiator said in an interview….
Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations. Thierry Monasse | Getty Images…
