A federal court ruled Thursday evening that President Donald Trump exceeded his legal authority when he imposed sweeping global tariffs under the guise of an economic emergency. In a unanimous decision, a three-judge panel of the U.S. Court of International Trade found
The European Union (E.U.) has agreed to tariffs on a range of U.S. products in response to President Trump’s sweeping new import taxes. EU states voted Wednesday to “introduce trade countermeasures” against the U.S., the European Commission said in a statement. The
President Donald Trump has issued a sharp warning to Beijing, threatening to impose an additional 50% tariff on all Chinese imports if the Chinese government does not step back from what he called its “manipulative trade practices.” Speaking from Florida, Trump accused China of flooding U.S. markets with subsidized goods, undercutting American industries
President Donald Trump has formally announced the details of a sweeping new tariff regime, dubbed the “Liberation Day” trade overhaul, aimed at reshaping America’s economic posture on the global stage and penalizing countries he accuses of decades of abuse, theft and manipulation. 🔹 Key Elements of the Tariff Plan:
Sen. Tim Sheehy (R-Mont.) said during a recent interview that he supports President Trump’s expansive tariff agenda. “There’s absolutely gonna be short-term pain,” Sheehy said Monday evening on CNN’s “The Source,” telling host Kaitlan Collins that “the president’s been clear about that. Everyone has.” “I mean, if you’re
Things are ramping up… President Donald Trump early Thursday threatened even larger tariffs on the European Union and Canada. Writing on his Truth Social platform, the president warned: “If the European Union works with Canada in order to do economic harm to the USA, large scale
In another signal victory for the Trump administration, GE Aerospace — which builds and designs “jet engines, components and integrated systems for military, commercial and business and general aircraft as well as aero-derivative gas turbines for marine applications” — announced it would invest nearly
President Donald Trump is threatening to impose a 200% tariff on European wines, champagnes and other alcoholic products in response to the European Union‘s planned 50% levy on American whiskey. This escalation follows the EU’s retaliatory measures against the U.S.’ recent 25% tariffs on steel and aluminum
On Tuesday, the Ontario government walked back its threat to impose a surcharge on electricity to three U.S. states amid broader trade talks. In a joint statement from Ontario Premier Doug Ford and Commerce Secretary Howard Lutnick, the two leaders said they had a
In a dramatic escalation of trade tensions, President Donald Trump announced that the United States will double tariffs on Canadian steel and aluminum imports to 50%, effective Wednesday. This decision comes in direct response to Ontario Premier Doug Ford‘s recent imposition of a 25% surcharge on electricity exports to three U.S. states:
President Donald Trump declined to explicitly rule out a full-blown recession for the U.S. economy this year. Trump told Maria Bartiromo in a recent “Sunday Morning Futures” exclusive that the country will see a “period of transition” as his policies take effect. “I
