Tariffs
The US Senate voted 52-48 to terminate the national emergency that allowed President Trump to impose a 50 percent tariff on Brazilian goods. The resolution, which passed with bipartisan support, is seen as an indicator of growing frustration among Republican lawmakers with Trump's trade policy. However, the measure
Tariffs
The US Senate has approved a measure that would eliminate Donald Trump's sweeping tariffs on Brazilian imports, including coffee, beef, and other products. The bipartisan effort, led by Senator Tim Kaine, seeks to overturn the national emergency declared by Trump to justify the levies. The vote passed 52-48,
Tariffs
The United States and China have made progress on several contentious issues, including China's stranglehold on strategic minerals, American export controls, and fentanyl tariffs. The two countries have sent out reassuring signals that an agreement is drawing closer, with both sides expressing confidence in reaching a deal. US
Tariffs
Ontario Premier Doug Ford has taken credit for reportedly derailing trade talks with Canada by airing a provocative commercial that used a Ronald Reagan speech to bash tariffs, a key plank of President Trump's economic agenda. The commercial, which Mr. Ford hailed as "the best ad that
Tariffs
The Michigan Democratic Party has condemned Republican Senate candidate Mike Rogers' support for tariffs, citing the negative impact on the state's households and economy. General Motors has laid off over 200 salaried workers, mostly at its Tech Center in Warren, Michigan, due to "business conditions"
Tariffs
The National Marine Manufacturers Association (NMMA) has recently opposed several Section 232 steel and aluminum inclusion requests, as the US government continues its shutdown. Despite the shutdown, President Trump has made several trade-related announcements, including a new 10% tariff on Canada due to a campaign advertisement from Ontario Premier Doug
Tariffs
China and the Association of Southeast Asian Nations (ASEAN) have strengthened their free trade agreement, highlighting their growing economic ties in the face of United States President Donald Trump's trade war. The upgraded deal, signed on Tuesday, aims to broaden cooperation in key areas such as infrastructure, digital
Tariffs
Washington, D.C. lawmakers, led by Senator Ron Wyden, are spearheading a bipartisan effort to file an amicus brief with the Supreme Court, arguing that the Constitution grants Congress, not the president, the sole authority to impose tariffs and regulate commerce with foreign nations. The brief, signed by over 200
Tariffs
Amid increasing trade friction between Beijing and Washington, the Association of Southeast Asian Nations (Asean) and China have signed a comprehensive free trade agreement, covering the digital and green economy sectors, and supply chain connectivity. The deal aims to strengthen economic cooperation between the two regional partners, which are each
Tariffs
Sen. Jack Reed, along with over 200 members of Congress, has filed a brief with the U.S. Supreme Court to challenge President Donald Trump's authority to impose tariffs without permission from Congress. This move comes ahead of a November U.S. Supreme Court hearing on the case
Tariffs
The United States and China have made some progress on key trade issues, including China's stranglehold on strategic minerals, American export controls, and soybean purchases, ahead of the meeting between President Donald Trump and China's Xi Jinping in Busan, South Korea. While a grand bargain to
Tariffs
The US Supreme Court's recent use of the "major questions doctrine" to thwart several major programs of the Biden administration, including efforts to address climate change, the Covid-19 pandemic and student debt, has put the doctrine under intense scrutiny. The doctrine, which requires Congress to use
