Trump issues new 10% global tariff
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The U.S. Supreme Court struck down President Donald Trump's sweeping global tariffs, handing him a loss on an issue crucial to his economic agenda.
By Elisa Anzolin, Christoph Steitz, Emma Rumney and Dominique Patton MILAN/FRANKFURT/LONDON/PARIS, Feb 21 (Reuters) - From European wine makers to chemical companies and distillers, the U.S. Supreme Court ruling knocking down a large part of President Donald Trump's trade tariffs comes with a sting in the tail: an even more uncertain trade outlook.
1hon MSN
Bessent calls on US trade partners to ‘honor their agreements’ after Supreme Court tariff decision
Treasury Secretary Scott Bessent is telling the U.S.’s global trade partners to honor their tariff agreements following the Supreme Court’s decision curbing the administration’s emergency tariff powers.
WASHINGTON (AP) — Tariffs paid by midsize U.S. businesses tripled over the course of past year, new research tied to one of America’s leading banks showed on Thursday — more evidence that President Donald Trump ‘s push to charge higher taxes on imports is causing economic disruption.