Trump Tariffs

President Donald Trump has issued a stern warning to France, threatening to impose 100% tariffs on French wines unless France abolishes its digital tax on American tech companies. Trump demanded that French President Emmanuel Macron eliminate the 3% tech tax. In an interview with the New...

President Donald Trump has signed a proclamation amending the Section 232 national security tariffs on certain aluminum, steel, and copper imports, thereby reducing some tariffs and introducing new categories. The proclamation lowers tariffs on some steel and aluminum derivative products...

President Donald Trump defended the escalating national debt, comparing it to real estate leveraging. He also proposed that the government should hold equity in corporations. Trump contended that the country’s rising debt is not as alarming as it appears, especially when seen through the lens...

Victor Schwartz, the CEO of VOS Selections, a wine importer, has received a $110,000 tariff refund from the U.S. government, following a Supreme Court ruling that invalidated President Donald Trump‘s International Emergency Economic Powers Act (IEEPA) tariffs. The Treasury...

The Trump administration has reportedly put on hold a proposal to suspend tariffs on imported beef. President Donald Trump had planned to sign two executive orders to cut tariffs on imported beef and relax regulations on American cattle producers. However, a White House official...

President Donald Trump has voiced his dissatisfaction with the Supreme Court’s ruling on tariffs, particularly pointing out the votes of Justices Neil Gorsuch and Amy Coney Barrett, both of whom he appointed. In a Truth Social post on Sunday, Trump called out the Justices for voting against...

On Friday, the U.S. administration moved to overturn a federal trade court ruling that dealt another legal setback to President Donald Trump's global tariff agenda by challenging the legal basis for his 10% import duties. Trump Tariff Strategy Faces Renewed Legal Challenges The ruling marks the...

The U.S. Court of International Trade ruled Thursday that President Donald Trump's 10% global tariffs were unlawfully imposed under a 1970s trade statute, delivering another legal setback to the administration's trade agenda. This has prompted reactions from economists, governors and Democratic...

On Friday, President Donald Trump said the European Union is violating a trade agreement and announced plans to raise tariffs on imported automobiles and commercial vehicles. EU Faces 25% Auto Tariff Hike In a Truth Social post, Trump said he would increase tariffs on cars and trucks coming from...

President Donald Trump declared the elimination of tariffs on Scottish whisky as a mark of respect for Britain’s King Charles III and Queen Camilla, following their state visit. Shortly after bidding adieu to the British royals at the White House on Thursday, Trump announced on his...

On Wednesday, United Parcel Service Inc. (NYSE:UPS) and FedEx Corp. (NYSE:FDX) said they plan to pass along tariff reimbursements to customers after a court fight knocked out a set of import duties tied to President Donald Trump‘s use of the International Emergency Economic Powers Act....

Overseas automakers have reportedly warned the Donald Trump administration they may stop selling some of their lowest-priced vehicles in the U.S. if the U.S.-Mexico-Canada Agreement is weakened or not extended. Budget-Friendly Cards To Be Affected According to a report by The Wall Street Journal,...

President Donald Trump staked his second-term industrial policy on tariffs bringing factories back. Fourteen months since his return to the Oval Office, U.S. manufacturing is indeed running at its hottest pace in nearly four years — but the engine isn’t trade policy. It’s artificial...

Starting Monday, businesses that were subjected to International Emergency Economic Powers Act (IEEPA) tariffs declared unconstitutional by the Supreme Court can begin claiming refunds. The Customs and Border Protection (CBP) is set to launch an online portal to facilitate this process. Importers...

President Donald Trump declared on Wednesday via Truth Social that any country selling arms to Iran would be subjected to a 50% tariff on all goods sold to the United States. This rule, effective immediately, will have no exceptions or exemptions. Furthermore, Trump disclosed that...