Trump, tariffs
Digest more
Trump, Google and European Commission
Digest more
Canada, Trump
Digest more
President Donald Trump has renewed a flurry of tariffs, including slapping 25% duties on Brazilian imports and vowing 50% tariffs on goods from Canada.
Trump imposes 10%-12.5% tariffs on 60 trading partners as temporary global duties expire, citing forced labor concerns.
The businesses are represented by the Liberty Justice Center, a legal group that has successfully challenged President Trump’s past duties.
The affordability crisis is revving up again. The war in Iran and Trump’s tariffs are pushing prices up and raising fears of renewed inflation.
A bipartisan bill championed by the late Senator Lindsey Graham has become mired in a dispute over expanding President Trump’s tariff power.
America’s trading partners criticised its decision to impose tariffs of 10-12% on 60 countries. Australia’s trade minister called the new levies “completely unjustified” and Brazil’s government vowed to retaliate.
The Trump administration had to return three quarters of its tariff revenue collected as of February, but still renewed global tariffs of 10-12.5% on yet another legal basis.