Trade
Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says
Key Points A federal trade court blocked a large piece of President Trump’s tariff agenda in a ruling Wednesday. An appeals court temporarily paused that order on Thursday. Even if the lower court’s ruling holds, the average household would lose $950 of purchasing power in 2025 as a result of tariffs that remain on the […]
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CNBC Daily Open: Certainty of ‘reciprocal’ tariffs better than confusing legal tussle
A large number of commercial vehicles were assembled at Yantai Port for shipment and export overseas in Yantai City, Shandong Province, China, on April 24, 2025. CFOTO | Future Publishing | Getty Images A U.S. federal trade court striking down President Donald Trump’s “reciprocal” tariffs on a broad swathe of countries seems, on the surface, […]
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South Korea’s Hybe opens China office amid hopes of a K-pop reversal from Beijing
The Hybe Building in Seoul, South Korea. Sopa Images | Lightrocket | Getty Images South Korea’s largest K-pop agency Hybe has established its first office in China — amid signs that Beijing is lifting its unofficial ban on K-pop shows. The agency behind global sensation BTS has been preparing to establish itself in China since last […]
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CNBC Daily Open: Definite tariffs could be better for markets than on-and-off ones
Cranes at the Port of Los Angeles are empty of cargo ships, in San Pedro California, U.S., May 13, 2025. Mike Blake | Reuters A U.S. federal trade court striking down President Donald Trump’s “reciprocal” tariffs on a broad swathe of countries seems, on the surface, a positive development all around. A lack of tariffs […]
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The trade war is rattling global business travel — 4 charts show how
Optimism in the global business travel sector has dropped by more than half this year, according to a report published by the Global Business Travel Association. Positive sentiment fell from 67% in November 2024 to 31% in April 2025, according to the report which surveyed more than 900 business travel professionals on the affect of […]
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Trump tariffs reinstated by appeals court for now
A federal appeals court on Thursday granted the Trump administration’s request to temporarily pause a lower-court ruling that struck down most of President Donald Trump’s tariffs. The Trump administration had earlier told the U.S. Court of Appeals for the Federal Circuit that it would seek “emergency relief” from the Supreme Court as soon as Friday […]
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Trump could ask Supreme Court to halt tariff block as soon as Friday
U.S. President Donald Trump speaks during an event announcing new tariffs in the Rose Garden at the White House in Washington, April 2, 2025. Chip Somodevilla | Getty Images The Trump administration said it may ask the U.S. Supreme Court as soon as Friday to immediately pause a federal court ruling blocking many of President […]
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Four tools at the Trump administration’s disposal after a U.S. court blocks tariffs
US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump is expected to find a workaround after suffering a major blow to a core part of his economic agenda. The […]
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CNBC Daily Open: Trump’s ‘reciprocal’ tariffs face an uncertain future — and that’s good for markets and businesses
President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden on April 2, 2025. Saul Loeb | Afp | Getty Images U.S. President Donald Trump has been accused of walking back on his trade policies — a Financial Times columnist succinctly described that apparent […]
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CNBC Daily Open: ‘Reciprocal’ tariffs in limbo as U.S. court steps in
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters U.S. President Donald Trump has been accused of walking back on his trade policies — a Financial Times columnist succinctly described that apparent pattern as the “TACO” theory, […]
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