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Tariffs

The Supreme Court ruling that nullified global tariffs from United States President Donald Trump has created renewed uncertainty for many of its major trade partners – and a clear vindication for its biggest economic rival: China.

The real winner from the Supreme Court’s tariff ruling? China

The Supreme Court ruling that nullified global tariffs from United States President Donald Trump has created renewed uncertainty for many of its major trade partners – and a clear vindication for its biggest economic rival: China.
CNN Business 1h ago
Trump Eyes New Trade Probes to Revive Tariffs After Court Defeat

Trump Eyes New Trade Probes to Revive Tariffs After Court Defeat

The administration is preparing plans to launch investigations into the impact of imports on batteries, cast iron and iron fittings, electrical grid equipment, telecom equipment, plastics and plastic piping, and industrial chemicals, according to a person familiar with the plans granted anonymity to detail internal deliberations. Any new tariffs would come as Trump has already moved to impose a global tariff in the wake of the Supreme Court decision.
Bloomberg 4h ago
Dollar languishes as Asia markets reopen to renewed tariff turmoil

Dollar languishes as Asia markets reopen to renewed tariff turmoil

TOKYO, Feb 24 (Reuters) - The dollar languished on Tuesday as Asian markets weighed the fallout on global trade from renewed turbulence over U. President Donald Trump's tariff regime.
Reuters 5h ago
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FedEx sues Trump administration for 'full refund' after tariffs overturned

FedEx sues Trump administration for 'full refund' after tariffs overturned

The case appears to be the first filed since SCOTUS' landmark decision.
ABC News 5h ago
FDX
Supreme Court ruling against Trump's tariffs is unlikely to mean an end to trade policy chaos

Supreme Court ruling against Trump's tariffs is unlikely to mean an end to trade policy chaos

The Supreme Court’s stunning rebuke of President Donald Trump’s most sweeping tariffs means he can’t conjure up new import taxes on a whim anymore. Vexing questions remain: How will the president use other laws to reconstruct the tariffs the Supreme Court knocked down, and will those attempts withstand legal challenges? What does the decision mean for the trade deals Trump strong-armed other countries into accepting, using his now-defunct tariffs as leverage?
Associated Press Finance 7h ago
Stock market today: Dow, S&P 500, Nasdaq futures rise after AI, tariffs ignite Wall Street's latest sell-off

Stock market today: Dow, S&P 500, Nasdaq futures rise after AI, tariffs ignite Wall Street's latest sell-off

Tariff insecurity and AI disruption are the flavors of the week as a sharp sell-off kick-started the final week of February
LIVE
Yahoo Finance 8m ago
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FedEx sues Trump administration for tariff refunds after Supreme Court ruling

FedEx sues Trump administration for tariff refunds after Supreme Court ruling

FedEx sued the Trump administration seeking a "full refund" of tariffs it paid under the overturned International Emergency Economic Powers Act.
NBC News 7h ago
FDX
Trump's Section 122 tariffs could spur new legal battle, experts say

Trump's Section 122 tariffs could spur new legal battle, experts say

President Trump's novel use of a 1974 trade law to impose a global 15% tariff could be ripe for legal challenges, according to trade experts.
CBS News 7h ago
Dow closes down more than 800 points as AI and tariff risks rattle investors

Dow closes down more than 800 points as AI and tariff risks rattle investors

Stocks slumped amid investor fear of AI disruption and uncertainty surrounding President Trump's new tariffs.
CBS News 8h ago
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US Senate Democrats introduce bill to force refunds of Trump tariffs deemed illegal

US Senate Democrats introduce bill to force refunds of Trump tariffs deemed illegal

WASHINGTON, Feb 23 (Reuters) - A group of 22 U. Senate Democrats on Monday introduced legislation that would require President Donald Trump's administration to fully refund within 180 days all of the revenue, with ‌interest, collected from tariffs struck down by the U.
Reuters 8h ago
EU Warns That Trump’s New Tariff Policy Breaks Trade Agreement

EU Warns That Trump’s New Tariff Policy Breaks Trade Agreement

After the US Supreme Court struck down Trump’s use of an emergency-powers law to impose his so-called reciprocal tariffs around the world, he announced a new 10% global levy, which he then threatened to increase to 15%. The European Commission, which handles trade matters for the bloc, told lawmakers Monday that the new global tariff will be added to levies that are already in place, according to Bernd Lange, chair of the European Parliament’s trade committee.
Bloomberg 9h ago