President Trump is the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
Category: Customs (Tariff)
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Supreme Court Justices Strike Down Trump’s Tariffs
The New York Times – Business: -
Trump and Indonesia Sign Trade Deal, Locking in 19% Tariffs
The New York Times – Business:The countries made official an agreement reached last year, with Indonesia avoiding a higher tariff and committing to cooperate on export controls.
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U.S. Imports Grew in 2025, as Trump’s Tariffs Reshuffled Global Trade
The New York Times – Business:Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest on record.
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Trump Hails Japan’s First Batch of U.S. Investments
The New York Times – Business:The deals, totaling $36 billion, were the first step in a $550 billion investment pledge aimed at securing tariff relief and sustaining U.S. relations.
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The Quiet Architect of Trump’s Global Trade War
The New York Times – Business:Jamieson Greer, a low-key lawyer from a working-class background, is rewriting the rules of the global economy at the president’s behest.
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U.S. Inflation Eased at Start of the Year
The New York Times – Business:The Consumer Price Index fell in January to 2.4 percent from 2.7 percent a month
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Crises Everywhere, but the Markets Don’t Seem to Mind
The New York Times – Business:Stocks have prospered while the world has plunged into disorder, an economist says. “Keep calm and carry on” may be the best investors can do.
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Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
The New York Times – Business:Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.
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India’s Prime Minister Faces Blowback Over Trade Deal With Trump to Lower Tariffs
The New York Times – Business:Prime Minister Narendra Modi won a big reduction of sky-high tariffs, but critics say he undermined Indian sovereignty and undercut the nation’s farmers.
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Federal Debt to Hit Record Levels, Budget Office Warns
The New York Times – Business:President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
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In a Bid to Kick-Start Growth, Britain Turns to China
Buffeted by tariffs and trade tensions, Prime Minister Keir Starmer took British business leaders to China and emerged with deals on visas and Scotch whisky, as well as pledges to deepen ties.
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Will Kevin Warsh Do What Trump Wants?
Some investors are worried that President Trump’s nominee to run the Federal Reserve may not be a guaranteed “yes” on cutting interest rates.