He said that tariff revenues will continue unchanged. U.S. Treasury Secretary Scott Bessent recently spoke about the statutes that allow President Donald Trump to use tariffs after the…
Read MoreTariffs
Supreme Court Rules Against President Trump’s Tariffs
The majority determined that declaring an economic emergency did not include the power to impose the tariffs. The U.S. Supreme Court issued a decision on Friday that determined…
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President Trump Discusses Iran with Chinese President
The two leaders also discussed trade and Taiwan. President Donald Trump spoke with China’s President Xi Jinping this week about the ongoing situation in Iran. The U.S. engaged…
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President Trump Announces Trade Deal with India
The United States has agreed to lower its tariffs on India in exchange for its reduction of retaliatory tariffs, as well as its purchase of more American products.…
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U.S. Declares National Emergency Related to Cuba and Energy Trade
The president’s executive order creates new authority to impose tariffs tied to oil shipments to the island. President Donald Trump signed an executive order last week declaring a…
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President Trump Announces Proposal on Greenland
The president met with the NATO secretary general during the WEF in Davos. During his visit to Davos, Switzerland, for the World Economic Forum, President Donald Trump announced…
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President Trump Says Countries Face 25% U.S. Trade Tariff for Doing Business with Iran
The Supreme Court is expected to release a ruling on the president’s tariff policy this month. President Donald Trump announced earlier this week that countries that do business…
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U.S. and U.K. Reach Agreement in Principle on Pharmaceutical Pricing
Economic pact outlines changes to drug pricing, investment commitments, and trade treatment between the two countries. The Department of Commerce, the Office of the U.S. Trade Representative, and…
Read MoreWhite House Announces Trade Deficit Reduction
The deficit has reached a 5-year low. The White House announced that the U.S. trade deficit has decreased to its lowest since mid-2020. The deficit has gone down…
Read MorePresident Makes Trade Deals with More Countries
Switzerland, South Korea, El Salvador, Argentina, Ecuador, and Guatemala each make agreements with the U.S. The United States announced several trade deals this week, with Switzerland, South Korea,…
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