Trump advisers downplay court ruling, cite other tariff options
Analysts said the implications of the court ruling may be limited for the trade talks the Trump administration is engaged with, given the other tariff options available.
Analysts said the implications of the court ruling may be limited for the trade talks the Trump administration is engaged with, given the other tariff options available.
The court’s decision blocks the tariffs Trump slapped last month on almost all U.S. trading partners and levies he imposed before that on China, Mexico and Canada.
The administration swiftly filed notice of appeal—and the Supreme Court will almost certainly be called upon to lend a final answer.
U.S. Treasury Secretary Scott Bessent said the goal is to have Apple bring more of its computer chip supply chain into the U.S.
The med-tech company sources its products from a Chinese manufacturer that is one of very few in the world capable of producing cellular-connected medical devices.
Says former Gov. Mitch Daniels: “If [tariffs are] the way of getting the attention of trading partners, … then I can understand it. All I can say is, if that’s the game, then it better work fast.”
Walmart imports general merchandise from dozens of countries. But China, in particular, represents a big chunk of volume in certain categories like electronics and toys.
Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.
The news about the agreement between the United States and China sent the stock market and the value of the dollar soaring.
Negotiators for the two superpowers said Monday they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war. Stock market investors rejoiced.
Representatives from Eli Lilly, Cook Medical and other Hoosier businesses gave advice about tariffs during the Indiana District Export Council’s annual trade and business conference Thursday at Newfields.
Top U.S. officials are set to meet with a high-level Chinese delegation in Switzerland in the first major talks between the two nations since Trump sparked a trade war with stiff tariffs on imports.
The United States already runs a trade surplus with the United Kingdom, making it a bit easier to find common ground.
China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepared for talks later this week.
The Democratic resolution forced a vote under a statute that allows them to try to terminate the national economic emergency Trump used to levy the tariffs.
Consumers can expect higher prices and delivery delays when the Trump administration ends a duty-free exemption on low-value imports from China on Friday. But some might benefit.
First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Trump imposed massive tariffs.
Executives at some of the world’s biggest companies are faced with the tricky task of explaining how President Donald Trump’s tariffs are impacting their business as they discuss their latest quarterly reports.
Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide.
There are no import surcharges on items that are already available in U.S. warehouses, keeping the prices of those goods generally stable, at least for now.