Trump, tariffs and Global Markets
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The Administration has filed an appeal after it was dealt a major blow that would invalidate most of its global tariffs.
U.S. Federal Reserve staffers have scrambled since January to decipher what Trump administration trade policies will mean for the economy, with published tallies of potential income losses, inflation estimates running as much as 2 percentage points higher,
The ruling from the United States Court of International Trade found Trump can't use a 1977 emergency powers law to impose tariffs.
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.
We’re tracking the responses that automakers are having to the global tariffs to see exactly what actions they’re taking, as well as how car shoppers will be affected in the next few days ...
Notably, the U.S.’ two primary biopharma trade groups—the Pharmaceutical Research and Manufacturers of America (PhRMA) and the Biotechnology Innovation Organization (BIO)—both hit back at the prospect of import duties, instead proposing a more tailored probe of imports from adversarial countries and partnership-driven strategies, respectively.
A federal court blocked Trump's tariffs, ruling he exceeded authority by imposing import duties using the IEEPA, affirming Congress's role.
Most companies, especially in the U.S. and China, say they will have to increase prices because of the Trump administration’s sweeping tariffs on dozens of imports, according to a new poll.