Thousands of companies are expected to follow FedEx’ in suing the government to recoup levy payments, after the Supreme Court overturned the tariffs.
Category: International Trade and World Market
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Trump Administration Scrambles to Pick Up the Pieces of Broken Tariffs
President Trump is already working to piece his tariff program back together, after a Supreme Court ruling ruptured a centerpiece of his economic agenda.
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Tariff Turmoil Returns to Global Markets
Businesses and U.S. trade partners are again grappling with the uncertainty of President Trump’s trade war, even as he imposes new levies.
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U.K., Australia and Others Worse Off Under Trump’s New Tariffs
Many important U.S. trading partners are facing higher duties after President Trump, reacting to a Supreme Court setback, set the rate on a new set of global tariffs at 15 percent.
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What’s Happened Since the Supreme Court’s Tariff Ruling
After the Trump administration’s punishing tariffs were invalidated, the president said he would impose new tariffs using a different authority. It’s been a whirlwind.
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They Did Deals With Trump to Get Lower Tariffs. Now They Are Stuck.
Countries that under the threat of tariffs made commitments like enormous investment pledges face the reality that they may have been better off waiting.
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Trump’s Trade Gamble Will Continue, Despite Supreme Court Rebuke
The president seems as intent on tariffs as ever and argues that his trade agenda is succeeding, despite little evidence to support it
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Trump Says He Will Raise Global Tariff to 15 Percent
The move signaled that the president would press ahead with steep global tariffs despite the legal setback from the Supreme Court.
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For India, Buying Russian Oil Just Got More Complicated
India’s prime minister acceded to many of President Trump’s demands under pressure of heavy tariffs. It would be awkward to reject them now.
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Trump Doubles Down on Closing Tax Loophole on Cheap Imports
The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court.
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‘Murky Waters’ for Global Businesses After Trump’s Tariff Loss
Even after the Supreme Court invalidated many of the president’s levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another.