Tag
The Trump administration plans to appeal a Supreme Court ruling that struck down its broad import tariffs, even as businesses are already receiving refunds on duties paid. The appeal could pause refund payments and may seek to restore the tariffs through a different legal argument.
A U.S. trade court struck down Trump's 10% baseline tariffs, which were introduced in February after the Supreme Court had already invalidated his broader "Liberation Day" duties. The ruling adds to growing legal uncertainty around executive tariff authority, with likely appeals ahead.
Trump's tariff program remains highly unstable, with rates changed repeatedly, some struck down by federal courts, and more duties reportedly in the pipeline. Businesses face compressed planning windows as import costs can shift before goods even clear customs.
President Trump has given the EU a July 4 deadline to ratify a trade deal, warning of higher tariffs if the deadline is missed. European exporters in autos, industrials, and luxury goods face direct risk if talks stall and US duties rise.
A federal court ruled Wednesday that President Donald Trump's new global tariffs are unlawful, the second major legal defeat for his trade agenda after a recent Supreme Court loss. Businesses facing import duties under the tariffs may see relief, though the administration is expected to appeal.
President Trump announced 25 percent tariffs on EU-made cars and trucks, citing the EU's non-compliance with an existing trade deal. European automakers with large US sales exposure face immediate cost pressure, with buyers potentially seeing higher prices.
Tag
The Trump administration plans to appeal a Supreme Court ruling that struck down its broad import tariffs, even as businesses are already receiving refunds on duties paid. The appeal could pause refund payments and may seek to restore the tariffs through a different legal argument.
29d ago · 3 min · Policy & Government
A U.S. trade court struck down Trump's 10% baseline tariffs, which were introduced in February after the Supreme Court had already invalidated his broader "Liberation Day" duties. The ruling adds to growing legal uncertainty around executive tariff authority, with likely appeals ahead.
1mo ago · 2 min · Policy & Government
Trump's tariff program remains highly unstable, with rates changed repeatedly, some struck down by federal courts, and more duties reportedly in the pipeline. Businesses face compressed planning windows as import costs can shift before goods even clear customs.
1mo ago · 2 min · Policy & Government
President Trump has given the EU a July 4 deadline to ratify a trade deal, warning of higher tariffs if the deadline is missed. European exporters in autos, industrials, and luxury goods face direct risk if talks stall and US duties rise.
1mo ago · 2 min · Global Affairs
A federal court ruled Wednesday that President Donald Trump's new global tariffs are unlawful, the second major legal defeat for his trade agenda after a recent Supreme Court loss. Businesses facing import duties under the tariffs may see relief, though the administration is expected to appeal.
1mo ago · 2 min · Policy & Government
President Trump announced 25 percent tariffs on EU-made cars and trucks, citing the EU's non-compliance with an existing trade deal. European automakers with large US sales exposure face immediate cost pressure, with buyers potentially seeing higher prices.
2mo ago · 2 min · Global Affairs
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