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Donald Trump threatened 100% tariffs on European countries that impose digital services taxes, defending American tech companies that have long opposed the levies. The move faces immediate legal uncertainty after a 2026 Supreme Court ruling narrowed presidential tariff authority.
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.
Trump and Xi are set to meet as US-China tensions over trade, technology, and Taiwan remain high. Markets and policymakers will watch for any concrete follow-on commitments rather than broad diplomatic signals.
China and US trade chiefs are set to meet for last-minute talks ahead of a planned Trump visit, aiming to lay groundwork before any presidential-level engagement. The outcome could signal whether a concrete trade deal or tariff shift is within reach.
A US appeals court has paused a lower court order that blocked Trump's 10 percent global tariff, keeping it in effect during ongoing litigation. The case, brought by 24 states, will determine how far presidential emergency powers extend over trade policy.
Trump and Xi are meeting with a narrowed agenda after the Iran war diverted attention and diplomatic energy in both capitals. Investors and businesses should expect limited concrete outcomes, with deeper trade and technology disputes left unresolved.
President Trump is travelling to China to meet President Xi Jinping, with the visit serving as a gauge of where the bilateral relationship stands. The outcome could move markets sensitive to U.S.-China trade, tariffs, and technology policy.
Donald Trump's visit to China marks one of the most significant US-China summits in years, with trade, technology controls, and Taiwan all on the table. The outcome could calm markets and slow decoupling, or accelerate it if talks break down.
China has officially confirmed a visit by U.S. President Donald Trump to Beijing, setting up a direct summit between the two countries. The meeting could shift market expectations on trade tariffs, technology restrictions, and broader U.S.-China relations.
A senior U.S. official confirmed Sunday that a rare earths deal with China remains in effect and that an extension will be announced when the time is right. The agreement is critical for U.S. manufacturers of EVs, defense systems, and electronics that rely on Chinese rare earth supplies.
Toyota's fourth-quarter net profit fell 49% year on year in the quarter ended March, badly missing analyst expectations, even as revenue rose 1.89%. U.S. tariffs drove the gap, compressing margins sharply despite steady sales volumes.
A U.S.-China summit is underway amid what officials describe as fragile stability and rising global tensions. The meeting's tone and any concrete agreements on trade, technology, or security will signal how the world's two largest economies manage their rivalry in the near term.
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.
The US Court of International Trade has struck down Trump's global 10% tariff, ruling it illegal days after the Supreme Court invalidated the emergency tariff it replaced. Trump now heads into talks with China's Xi Jinping next week with his main source of trade leverage removed.
A U.S. federal court has struck down President Trump's 10% global baseline tariffs, calling them invalid and unauthorised by law. Experts say the ruling may slow India-U.S. Bilateral Trade Agreement talks, as legal uncertainty makes it harder for both sides to negotiate around a contested tariff baseline.
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.
The U.S. Court of International Trade voted 2-1 to block Trump's global 10% baseline tariff, though the ruling currently protects only two companies and the state of Washington. The decision opens a legal pathway for wider challenges that could threaten the tariff's broader enforcement.
President Trump has set July 4 as the deadline for a decision on raising tariffs on EU goods, following a call with European Commission President Ursula von der Leyen. The deadline puts a firm timeline on transatlantic trade tensions, with potential tariff hikes affecting a wide range of U.S. and European industries.
Trump announced a 25% tariff on EU automobiles but gave no details on legal authority or implementation, following the Supreme Court's earlier rejection of his reciprocal tariff powers. The move puts U.S.-EU trade talks at risk and could significantly raise costs for European automakers exporting to the U.S.
Tag
Donald Trump threatened 100% tariffs on European countries that impose digital services taxes, defending American tech companies that have long opposed the levies. The move faces immediate legal uncertainty after a 2026 Supreme Court ruling narrowed presidential tariff authority.
4d ago · 4 min · Global Affairs
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
Trump and Xi are set to meet as US-China tensions over trade, technology, and Taiwan remain high. Markets and policymakers will watch for any concrete follow-on commitments rather than broad diplomatic signals.
1mo ago · 4 min · Global Affairs
China and US trade chiefs are set to meet for last-minute talks ahead of a planned Trump visit, aiming to lay groundwork before any presidential-level engagement. The outcome could signal whether a concrete trade deal or tariff shift is within reach.
1mo ago · 3 min · Global Affairs
A US appeals court has paused a lower court order that blocked Trump's 10 percent global tariff, keeping it in effect during ongoing litigation. The case, brought by 24 states, will determine how far presidential emergency powers extend over trade policy.
1mo ago · 3 min · Policy & Government
Trump and Xi are meeting with a narrowed agenda after the Iran war diverted attention and diplomatic energy in both capitals. Investors and businesses should expect limited concrete outcomes, with deeper trade and technology disputes left unresolved.
1mo ago · 3 min · Global Affairs
President Trump is travelling to China to meet President Xi Jinping, with the visit serving as a gauge of where the bilateral relationship stands. The outcome could move markets sensitive to U.S.-China trade, tariffs, and technology policy.
1mo ago · 3 min · Global Affairs
Donald Trump's visit to China marks one of the most significant US-China summits in years, with trade, technology controls, and Taiwan all on the table. The outcome could calm markets and slow decoupling, or accelerate it if talks break down.
1mo ago · 4 min · Global Affairs
China has officially confirmed a visit by U.S. President Donald Trump to Beijing, setting up a direct summit between the two countries. The meeting could shift market expectations on trade tariffs, technology restrictions, and broader U.S.-China relations.
1mo ago · 2 min · Global Affairs
A senior U.S. official confirmed Sunday that a rare earths deal with China remains in effect and that an extension will be announced when the time is right. The agreement is critical for U.S. manufacturers of EVs, defense systems, and electronics that rely on Chinese rare earth supplies.
1mo ago · 2 min · Global Affairs
Toyota's fourth-quarter net profit fell 49% year on year in the quarter ended March, badly missing analyst expectations, even as revenue rose 1.89%. U.S. tariffs drove the gap, compressing margins sharply despite steady sales volumes.
1mo ago · 2 min · Business
A U.S.-China summit is underway amid what officials describe as fragile stability and rising global tensions. The meeting's tone and any concrete agreements on trade, technology, or security will signal how the world's two largest economies manage their rivalry in the near term.
1mo ago · 2 min · Global Affairs
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
The US Court of International Trade has struck down Trump's global 10% tariff, ruling it illegal days after the Supreme Court invalidated the emergency tariff it replaced. Trump now heads into talks with China's Xi Jinping next week with his main source of trade leverage removed.
1mo ago · 2 min · Policy & Government
A U.S. federal court has struck down President Trump's 10% global baseline tariffs, calling them invalid and unauthorised by law. Experts say the ruling may slow India-U.S. Bilateral Trade Agreement talks, as legal uncertainty makes it harder for both sides to negotiate around a contested tariff baseline.
1mo ago · 3 min · Global Affairs
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
The U.S. Court of International Trade voted 2-1 to block Trump's global 10% baseline tariff, though the ruling currently protects only two companies and the state of Washington. The decision opens a legal pathway for wider challenges that could threaten the tariff's broader enforcement.
1mo ago · 2 min · Policy & Government
President Trump has set July 4 as the deadline for a decision on raising tariffs on EU goods, following a call with European Commission President Ursula von der Leyen. The deadline puts a firm timeline on transatlantic trade tensions, with potential tariff hikes affecting a wide range of U.S. and European industries.
1mo ago · 2 min · Global Affairs
Trump announced a 25% tariff on EU automobiles but gave no details on legal authority or implementation, following the Supreme Court's earlier rejection of his reciprocal tariff powers. The move puts U.S.-EU trade talks at risk and could significantly raise costs for European automakers exporting to the U.S.
1mo ago · 2 min · Global Affairs