Tariffs
Korean President Lee Jae Myung and U.S. President Donald Trump have completed bilateral negotiations, securing a major agreement that reduces the U.S. tariff on vehicles from Korean manufacturers from 25 percent to 15 percent. The agreement also commits to a $150 billion investment in a shipbuilding cooperation project
Tariffs
US President Donald Trump and Chinese leader Xi Jinping are set to meet on Thursday to discuss a proposed trade framework that could see Washington reduce tariffs on Chinese goods in exchange for Beijing's commitment to curb exports of fentanyl precursor chemicals. The plan, as reported by The
Tariffs
The US President's latest trade tariff moves, imposed on Canada despite court rulings deeming them unlawful, have sparked concerns about the President's disregard for legal authority. The US Supreme Court is set to rule on the case next week, with most experts believing the President'
Tariffs
The Senate is voting to nullify President Trump's tariffs, citing concerns over the impact on American consumers and farmers. The move comes as Trump engages in trade talks in Asia and a bitter trade spat with Canada, one of the US's largest economic partners. Democrats argue
Tariffs
Lawmakers in the United States Senate and House of Representatives have filed a bipartisan amicus brief to the Supreme Court, arguing that the International Emergency Economic Powers Act (IEEPA) does not authorize tariffs imposed by President Trump. The tariffs, which have raised average costs by $1,800 for the average
Tariffs
The Supreme Court is set to hear oral arguments on President Trump's "national emergency" tariff decrees, which have been challenged by two businesses that successfully argued that the administration overstepped its authority under the International Emergency Economic Powers Act (IEEPA). The case revolves around the question
Tariffs
US President Donald Trump and Chinese leader Xi Jinping are set to meet on Thursday to discuss a proposed trade framework that could see Washington reduce tariffs on Chinese goods in exchange for Beijing's commitment to curb exports of fentanyl precursor chemicals. The plan, as reported by The
Furniture
Malaysia's "Furniture City" of Muar has been struggling since the imposition of US tariffs in August, with exports plummeting 30% from Sin Wee Seng Industries, a leading furniture manufacturer. The high tariffs, which could rise to 50% in January, threaten to topple Muar's economy,
Tariffs
The U.S. Senate hopefuls from Kentucky attended a forum in Lexington, discussing national economic and trade policies in the context of the Kentucky Industry Conference. Amy McGrath, the Democratic candidate, expressed her disagreement with President Donald Trump's tariff policies, while top Republican candidates, including former Attorney General
Tariffs
The Trump administration is boasting about a potential breakthrough trade deal with China, which could restore the relationship between the two nations to its status quo before President Trump initiated a trade war with Beijing. The deal, which has not been finalized, includes China agreeing to delay its new licensing
Furniture
Malaysia's "Furniture City" of Muar has been struggling since the imposition of US tariffs in August, with exports plummeting 30% from Sin Wee Seng Industries, a leading furniture manufacturer. The high tariffs, which could rise to 50% in January, threaten to topple Muar's economy,
Tariffs
In a 50-to-46 vote, the Senate passed a measure to end the national emergency declared by President Donald Trump to impose tariffs on imports from Canada. The vote, which was sponsored by Senator Tim Kaine (D-Virginia), was joined by four Republicans, including Senators Mitch McConnell, Rand Paul, Susan Collins, and
