Trump signs off on 10% global tariff
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The Supreme Court’s decision to invalidate many of President Trump’s tariffs raised questions about what would become of agreements struck with major U.S. trading partners.
China will scrap tariffs for 53 African countries from May 1.
By Stefanno Sulaiman and Stanley Widianto JAKARTA, Feb 20 (Reuters) - Indonesia and the United States finalised a trade deal to cut U.S. levies to 19% from 32% on goods shipped from Southeast Asia's biggest economy,
Trump's rhetoric on Truth Social contrasts with what he said after the agreement between Ottawa and Beijing: "If you can get a deal with China, you should do that."
WASHINGTON (AP) — President Donald Trump paid a price for going it alone on tariffs — with the Supreme Court on Friday delivering a rare rebuke by ruling he lacked the power to declare an economic emergency and launch sweeping new taxes on imports.
Business owners on Long Islan d expressed a mixture of relief and joy after the U.S. Supreme Court ruled that some of the tariffs imposed by the Trump administration are illegal. Companies could receive refunds of their tariff payments and some plan to quickly file claims.