A federal appeals court on Friday ruled that President Donald Trump had no legal authority to impose sweeping tariffs on nearly every country in the world, dealing a major legal setback to one of his signature economic policies but leaving the duties in place for now. The U.S. Court of …
Read More »Canada Lifts Many Retaliatory Tariffs on U.S. Goods, Keeps Key Duties on Steel and Autos
Canada announced Friday it will lift many of the retaliatory tariffs it imposed on the United States earlier this year, marking a significant thaw in relations between the two countries. Prime Minister Mark Carney said the move will take effect Sept. 1, though tariffs on steel, aluminum and automobiles — …
Read More »Trump Strikes New Trade Deal with EU, Sets Tariffs at 15%
President Donald Trump on Sunday announced a long-awaited trade deal with the European Union, setting tariffs at 15% on most goods and staving off a potentially damaging economic standoff between the two transatlantic allies. Speaking alongside European Commission President Ursula von der Leyen, Trump described the deal as “satisfactory to …
Read More »Biden Administration Plays Long Game For Agriculture And Trade
Jared Strong, Iowa Capital Dispatch The United States could take international trade actions that might have an immediate impact on the operating costs for farmers and the markets available for their crops, but the Biden administration has opted for a longer-term strategy, one of the nation’s top emissaries said Thursday …
Read More »Cabinet Profiles: Katherine Tai: United States Trade Representative
The hearings for President Joe Biden‘s Cabinet nominations continue today. We will hear testimony from his picks to lead all of his cabinet positions over the next several weeks. We will profile the nominees in advance of their hearings so our readers will have some background information as the proceedings …
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