Following the Commerce Secretary’s recommendation, tariffs on certain aluminum and steel products were reduced from 25% to 15%. President Donald Trump issued a proclamation this week lowering the…
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President Trump Lifts Whisky Tariffs After UK Royal Visit
Kentucky whiskey producers expressed the pressure they were experiencing from increased costs due to tariffs. President Donald Trump moved to lift tariffs on certain imports between Scotland and…
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Administration Announces Planned Tariff Increase on European Vehicle Imports
The proposal would raise duties on EU cars and trucks amid ongoing trade tensions. President Donald Trump announced plans last week to increase tariffs on cars and trucks…
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President Announces Pharmaceutical and Metals Tariffs After National Security Review
His plan sets tiered drug duties tied to domestic production and revises steel, aluminum, and copper import calculations. President Trump issued a proclamation last week imposing new tariffs…
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President Trump Postpones Beijing Summit with Chinese President Xi
The trip is being rescheduled for a few weeks later as President Trump focuses on military operations in Iran. President Donald Trump confirmed that his trip to Beijing,…
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Treasury Secretary Meets with China’s Vice Premier in France
Secretary Bessent and U.S. Trade Representative Greer are holding economic discussions ahead of President Trump’s visit to China. U.S. Treasury Secretary Scott Bessent is meeting with Vice Premier He…
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Federal Judge Rules on Tariff Refunds
The federal government could owe $175 billion in refunds for tariffs. Judge Richard Eaton of the U.S. Court of International Trade has ruled that companies impacted by trade…
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Treasury Secretary Outlines Continued Tariff Authorizations
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…
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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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