Tariffs News Updates

Rattled by President Trump's aggression toward Greenland, the EU is readying countermeasures against the U.S., including the  “trade bazooka" touted by French President Emmanuel Macron.

Trump's threats have sparked outrage and a flurry of diplomatic activity across Europe, as leaders consider retaliatory tariffs and the first-ever use of the EU’s anti-coercion instrument.

The court is preparing to begin a four-week recess, and under its usual procedures for releasing opinions, the next potential day for a tariff decision is Feb. 20.  

President Donald Trump said he would charge a 10% import tax on goods from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland because they oppose his Greenland threats.

A ruling against Trump on tariffs would undercut the centerpiece of his economic agenda and deliver his biggest legal defeat since returning to the White House.

Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Jan. 16.

Transportation companies such as C.H. Robinson and XPO have already added services and warehouse space to support customers in Mexico that are shipping or are planning to ship to the U.S.

Under the terms, which the White House was poised to announce Jan. 15, duties on Taiwanese shipments would fall from the previous 20% rate — putting them on par with Japan and South Korea.

Gov. Gretchen Whitmer said in a speech at the Detroit Auto Show that the administration's tariff strategy has hurt American auto manufacturing and is benefiting Chinese competitors.

The bill would favor a market-based approach by setting up the independent body charged with building a stockpile of critical minerals, stabilizing prices and encouraging production.