US Trade Court Rules Trump Tariffs Illegal but Issues Narrow Block
Summary In a major development for global trade policy, a US trade court ruled that several tariffs imposed under former President Donald Trump exceeded presidential authority and were therefore unlawful. The decision represents one of the most significant judicial challenges to modern US trade policy and could have far-reaching consequences for businesses, importers, exporters, consumers, […]
US and China Seek to Repair Damage From Tariff War That Sent Trade Into Freefall
Summary After years of escalating tariffs, export controls, sanctions, and geopolitical tensions, the United States and China are attempting to stabilize one of the most important economic relationships in the world. The tariff war damage, which began during President Donald Trump’s first administration and evolved through subsequent rounds of restrictions and retaliatory measures, dramatically altered […]