House Speaker Johnson had said the funds are for emergency use only when appropriations have been passed. Federal Judge John McConnell ordered the U.S. Department of Agriculture to…
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President Trump Makes Trade Deal with China
Based on commitments from the Chinese president, President Trump lowered fentanyl-linked tariffs to 10 percent. President Donald Trump met with Chinese Communist Party (CCP) President Xi Jinping on…
Read MoreSenate Passes Bills to End President’s Tariffs on Canada and Brazil
The House of Representatives is unlikely to take up the measures. The Senate narrowly approved two bills this week, introduced by Senator Tim Kaine of Virginia, to respectively…
Read MorePresident Trump Makes Trade Deals in Asia
He also withdraws from trade talks with Canada after its government uses a recording of President Reagan in ads against tariffs. President Donald Trump has signed trade deals…
Read MoreTreasury Secretary Meets with China’s Vice Premier
The two leaders discussed ways to improve trade and reduce tariffs. U.S. Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in Kuala Lumpur ahead of…
Read MorePresident Trump Reports India to Halt Russian Oil Purchases
President Trump enacted an additional 25% tariff on top of the 25% already in place over the oil imports. President Donald Trump announced that Prime Minister Narendra Modi…
Read MoreWhite House Proposes Use of Tariff Revenue to Fund WIC Food Assistance
The Treasury Department would need congressional approval to redirect the funds. The White House has proposed the use of revenue generated from tariffs to continue funding America’s Special…
Read MorePresident Trump Plans New Tariffs for Several Industries
The president highlights the compromising of national security by foreign trade practices and the need to protect U.S. manufacturing from “unfair outside competition.“ President Donald Trump announced a…
Read MoreSupreme Court Will Hear Case Challenging President’s Tariffs
The high court will assess whether the 1977 law grants the executive branch emergency tariff powers. The Supreme Court agreed to take on a case challenging the imposition…
Read MoreU.S. Retracts Tariff Waiver for Taiwan Semiconductor Manufacturing
President Trump announced tariffs on semiconductors not manufactured in the U.S. The U.S. Bureau of Industry and Security (BIS) recently canceled its Validated End-User program and revoked a…
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