President Donald Trump announced Monday that the United States will raise tariffs on Canadian automobiles, steel, automotive parts and trucks to 50% beginning Jan. 1, 2027, escalating a trade dispute that erupted after U.S.-Canada negotiations collapsed last week. Trump said the new tariffs would apply to “all Cars, Trucks, both …
Read More »Canada Sets Dollar-for-Dollar Tariffs on U.S. Goods After Trump Escalates Trade War
Canada is preparing to impose dollar-for-dollar retaliatory tariffs on U.S. goods beginning Sept. 8, Prime Minister Mark Carney said Saturday, escalating a trade war with Washington after last-minute negotiations failed to prevent new American tariffs on Canadian products. Carney said Canada’s retaliation will target a broad range of U.S. exports, …
Read More »Republicans Revolt Against Trump Over Beef Import Tariff Suspension
President Donald Trump’s decision to suspend tariffs on certain ground beef imports triggered an unusual backlash from Republicans on Friday, with lawmakers from major cattle-producing states warning that the policy could undermine American ranchers even as the administration seeks to lower grocery prices. Trump announced Friday that the United States …
Read More »U.S.-Canada Trade Deal Collapses, Triggering 50% Tariffs on Canadian Goods
A trade agreement between the United States and Canada collapsed just before midnight Friday, dealing a major setback to negotiations between the two traditionally close trading partners and triggering 50% U.S. tariffs on roughly $20 billion worth of Canadian goods. The tariffs took effect after Canadian and U.S. negotiators failed …
Read More »Trump Delays 50% Canada Tariffs After Last-Minute Deal
President Donald Trump on Tuesday delayed plans to impose 50% tariffs on about $20 billion worth of Canadian imports after the United States and Canada reached a last-minute agreement to continue negotiations. Trump announced the three-day pause on Truth Social less than two hours before the tariffs were scheduled to …
Read More »Back-to-School Costs Are Surging — and Trump’s Policies Are Hitting Families Twice
Families sending children back to school this fall are confronting more than the usual scramble for pencils, notebooks and lunch boxes. They’re facing a sharply higher bill — while some immigrant families are also preparing for the possibility that a parent could be detained. A new analysis from the Century …
Read More »New Trade Tariffs Begin Friday as Trump Targets 60 Foreign Economies
The Trump administration announced Thursday that new tariffs targeting imports from 60 foreign economies will take effect Friday, replacing the temporary 10% import duty that expires at midnight Eastern time. The Office of the U.S. Trade Representative said the new tariffs, ranging from 10% to 12.5%, are the result of …
Read More »Trump Imposes 50% Tariffs on Canadian Goods, Escalating U.S.-Canada Trade Dispute
President Donald Trump announced a new round of 50% tariffs on a broad range of Canadian imports Monday, significantly escalating trade tensions between the United States and one of its largest trading partners. The new tariffs, outlined in a series of presidential proclamations, are scheduled to take effect Aug. 19 …
Read More »Trump Administration Has Refunded $20 Billion in Tariffs So Far
The administration of President Donald Trump has refunded more than $20 billion in tariffs to importers and shipping companies after the Supreme Court of the United States struck down a central part of Trump’s trade policy earlier this year. According to a court filing submitted Tuesday, the administration had collected …
Read More »Federal Court Blocks Trump’s New Global Tariffs
A federal trade court ruled Thursday that President Donald Trump exceeded his legal authority when he imposed a new round of 10% global tariffs earlier this year, dealing another major blow to the administration’s aggressive trade agenda. In a 2-1 decision, a three-judge panel on the United States Court of …
Read More »U.S. to Launch Tariff Refund Portal after Supreme Court Ruling, but Hurdles Remain for Businesses
The federal government will launch a new online portal next week allowing businesses to seek refunds for tariffs ruled illegal by the U.S. Supreme Court, potentially opening the door to as much as $175 billion in repayments — though companies may face a complicated and lengthy process to recover their …
Read More »Trump’s New Tariffs Could Cost U.S. Households $2,500 in 2026, Democrats Warn
The administration of Donald Trump is racing to replace billions of dollars in lost tariff revenue after the U.S. Supreme Court struck down a major portion of the president’s trade agenda last month. If the administration’s new tariffs move forward, American households could pay an average of $2,512 in import …
Read More »Judge Says Businesses Must Be Refunded Tariffs Invalidated by Supreme Court
A federal judge ruled Wednesday that U.S. companies that paid tariffs imposed by Donald Trump under emergency powers later struck down by the Supreme Court of the United States are legally entitled to refunds, a decision that could force the federal government to return tens of billions of dollars to …
Read More »FedEx Sues Trump Administration Seeking Full Refund of Overturned Emergency Tariffs
FedEx sued the Trump administration on Monday, seeking a “full refund” of tariffs it paid under a sweeping emergency tariff regime that the Supreme Court of the United States struck down last week. The lawsuit follows Friday’s ruling that President Donald Trump exceeded his authority when he relied on the …
Read More »Trump Lashes out at SCOTUS after Tariff Ruling, Targets his Own Nominees
Hours after the U.S. Supreme Court struck down his sweeping global tariffs, President Donald Trump unleashed a blistering attack on the six justices who ruled against him — including two conservative jurists he appointed during his first term. Speaking to reporters Friday, Trump said he was “ashamed of certain members …
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