Tariffs News Updates

Among the issues that will be investigated are taxes on digital services and alleged currency manipulation, according to the New York Times, which first reported the plans.

The economy ministry conducted consultations with 30 sector roundtables, spanning metals, agriculture, construction, carmaking and tourism. It sent more than 500 surveys to companies, chambers and industry groups.

The move follows a March 4 order by a judge on the federal trade court in New York to stop calculating President Donald Trump’s emergency tariffs on importers’ customs paperwork.

Canal revenue increased 8%-10% in the first five months of its fiscal year 2026, which started in October, compared to the same period a year earlier. The canal saw a record $5.7 billion in FY 2025. 

The Democratic attorneys general and governors in the lawsuit argue that Trump is overstepping his power with planned 15% tariffs on much of the world.

The automaker will begin selling two U.S.-built cars — the Acura Integra Type S and the Honda Passport TrailSport Elite — in Japan in the second half of this year, it said March 5.

A judge has ordered the Trump administration to halt a step in the tariff payment process in order to make any refunds simpler after the Supreme Court struck down the president’s global tariffs.

The Trump administration confirmed in a new court filing that it will pay interest on refunds that it ultimately must make after the Supreme Court struck down the president’s contested global tariffs.

Top EU lawmakers on the parliament’s trade committee made the choice on March 4, saying they wanted more information from Washington about how it will preserve a 15% ceiling on most EU products.

Bessent noted the authority for the new duties allows for the measure to last 150 days. During that time, he said authorities will be looking at using other legislation to resurrect the tariff regime.