Tariffs News Updates

The Trump administration has begun paying out refunds for the $166 billion in global tariffs that the Supreme Court declared unlawful earlier this year.

President Donald Trump recently vowed to slap 25% tariffs on European vehicles, accusing the bloc of taking too long to ratify the agreement.

Europe is ready to respond should President Donald Trump follow through on his threat to raise tariffs on cars and trucks from the European Union to 25%.

President Donald Trump claimed that the EU had failed to fully comply with a trade agreement negotiated with the U.S.

President Donald Trump said he would remove some whiskey tariffs following a visit from King Charles III, a move that delivers a major trade concession to the U.K.

Thousands of U.S. importers encounter issues with a new online portal designed to handle claims on the duties that were overturned by the Supreme Court. 

Businesses and individuals paid the contested tariffs on approximately 53 million entries, according to information shared earlier by the government.

The Office of the U.S. Trade Representative will begin hearings in two investigations that are expected to lead to a new round of U.S. tariffs.

The CBO says shifts in U.S. tariff policy may add $1.1 trillion to federal budget deficits over a 10-year period, though exact calculations aren’t yet possible.

About $300 billion worth of goods subject to U.S. tariffs are avoiding the levies annually and reaching the U.S. from Southeast Asia and Mexico.