Tariffs News Updates

The president cited Spain's lack of support for the war in Iran and what he described as its failure to meet NATO commitments.

White House officials have made it clear that they plan to use the investigations to restore import taxes to levels in place under Trump’s emergency tariffs.

The two have agreed in principle to include agricultural products in a reciprocal tariff reduction framework following talks, China’s Ministry of Commerce said.

Annual reviews instead of a longer-term renewal open the door to years of contentious negotiations over the rules governing continentwide supply chains.

Assuming no growth in June, the industry-based output data suggests Canada’s economy will expand at a 2.3% annualized pace in the second quarter.

Facing an estimated $166 billion in refunds, the Trump administration began processing repayments in April. The first round of repayments took place in May.

Speaking to employees, officials and political allies, the president framed Mack Trucks as a symbol of domestic industrial strength and his trade approach.

It’s unclear how quickly or how much in refunds will flow through to consumers, and fresh duties are set to hit as the U.S. economy absorbs higher costs for goods tied to the Iran war. 

President Trump scored a win over a group challenging the 10% global tariffs after a court said the government can enforce the levies while the fight plays out.

Treasury refunded nearly $22 billion in tariff revenue collected from importers in May, the first swath of such repayments.