Trade
U.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate ‘murky waters’
Canada’s Prime Minister Mark Carney poses for a family photo with German Chancellor Friedrich Merz, Australian Prime Minister Anthony Albanese, Mexican President Claudia Sheinbaum, France’s President Emmanuel Macron, Ukrainian President Volodymyr Zelenskyy, Brazil’s President Luiz Inacio Lula da Silva, Italy’s Prime Minister Giorgia Meloni, European Council President Antonio Costa, U.S. Treasury Secretary Scott Bessent, World […]
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Supreme Court Trump tariffs ruling could put U.S. on hook for $175 billion in refunds, estimate says
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 The U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled Friday in a 6-3 decision that tariffs unilaterally imposed by […]
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Small furniture retailers face existential tariff threat, regardless of Supreme Court ruling
President Donald Trump’s so-called “reciprocal tariffs” could be struck down by the U.S. Supreme Court as soon as this week. Regardless of the ruling, there’s little comfort to be found for the furniture industry. Furniture importers are facing steep, and in some cases stacking, import duties after the industry was hit with higher tariffs on […]
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Trump lauds Japan’s pledge to invest $36 billion in U.S. oil, gas and critical mineral projects
U.S. President Donald Trump speaks to journalists aboard Air Force One en route to South Korea on October 29, 2025 in Japan. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump has welcomed Japan’s pledge to invest nearly $36 billion in oil, gas and critical mineral projects in Texas, Ohio and […]
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Trump says Japan to invest in energy, industrial projects in Ohio, Texas and Georgia
U.S. President Donald Trump (L) and Japanese Prime Minister Sanae Takaichi (R) hold up signed documents for a critical minerals/rare earth deal with Japan during a meeting at Akasaka Palace on October 28, 2025 in Tokyo, Japan. Trump is on a visit to Asia that takes in the ASEAN summit in Malaysia, followed by a […]
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‘Dismal’ China exports add to freight trade slump for nation’s biggest port
The Port of Los Angeles is seen from the Goodyear Blimp on Thursday, Dec. 11, 2025 in Los Angeles, CA. Juliana Yamada | Los Angeles Times | Getty Images New data from the Port of Los Angeles shows that commitments made by China to buy more U.S. agricultural products as part of a trade bargain […]
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Why Canada hopes China will boost its auto manufacturing industry
Canada’s decision to reduce barriers for Chinese electric vehicles is one piece of a larger pivot away from a reliance on the United States. The Canadian government is aiming to develop joint ventures with Chinese and Korean firms and trying to revive its manufacturing base with tax breaks as it faces a strained relationship with […]
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U.S. signs trade deal with Taiwan, lowering tariffs to 15%, while Taipei to boost American goods purchases
U.S. and Taiwanese flags are seen in San Francisco, California, Jan. 28, 2026. Stephen Nellis | Reuters Washington and Taipei have signed a trade deal lowering tariffs on Taiwanese exports to 15%, on par with those on Asian allies Japan and South Korea, while the island will open its market for U.S. goods. Taiwan will […]
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U.S., Taiwan finalize deal to cut tariffs, boost purchases of U.S. goods
The city skyline is seen with the landmark Taipei 101 building from a lookout point on Elephant Mountain in Taipei on April 14, 2025. (Photo by I-Hwa Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty Images Trump administration officials signed a final reciprocal trade agreement that confirmed […]
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Tariff-linked U.S. Customs bond funding shortfall reaches record-breaking $3.5 billion in 2025
Cranes unload shipping containers from a ship at the Port of Long Beach Wednesday, Jan. 14, 2026. Allen J. Schaben | Los Angeles Times | Getty Images A record-breaking number of companies shipping products into the United States are coming up short on a federal government requirement to financially guarantee they can cover the import […]
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