President accuses neighbor of violating treaty governing water-sharing and urges water to be released ‘immediately’ Donald Trump has threatened to impose an additional 5% tariff on Mexico if it does not immediately provide additional water to help US farmers, accusing the country of violating a treaty that outlines water-sharing between the neighbors. Under the treaty, … Read more
Officials are reportedly taking their time on US president’s long-promised chips plan to avoid a rupture with China US officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece of Donald Trump’s economic agenda. Officials relayed these messages over the last several days to stakeholders in the government … Read more
In exchange, Swiss officials committed to series of quotas for imports from the US on a duty-free basis US politics live – latest updates Donald Trump agreed to cut US tariffs on Switzerland from 39% to 15% as part of a new trade pact, lowering duties that strained economic ties and hit Swiss exporters. The … Read more
Congressional approval would likely be required for plan to take effect, an idea Trump has floated before Donald Trump on Sunday mused about giving most Americans $2,000 funded by tariff revenues collected by the president’s administration – an evident bid to rally public support on the issue. “A dividend of at least $2000 a person … Read more
Commerce department expected to add about 700 more items with steel content to levy list at request of US firms Businesses around the world are steeling themselves for another round of Donald Trump’s tariffs, this time on goods ranging from bicycles to baking trays, as US industry embraces a call for more products to tax … Read more
President’s tariffs to be scrutinized in crucial legal test of his strategy to impose tariffs on nearly every US trading partner Donald Trump’s sweeping tariffs on the world will be scrutinized by the US supreme court today, a crucial legal test of the president’s controversial economic strategy – and his power. Justices are scheduled to … Read more
The US high court will hear arguments on whether Trump’s erratic imposition of global tariffs is legally valid Donald Trump thrives on emergencies. He cried havoc on the very first day of his second term, declaring a national emergency caused by an “invasion” of “illegal aliens” from Mexico. He has since invoked emergencies more than … Read more
Vote passes 52-48 with Republican support in rare bipartisan rebuke of US president’s trade policies The US Senate on Tuesday approved a measure that would terminate Donald Trump’s sweeping tariffs on Brazilian imports, including coffee, beef and other products, in a rare bipartisan show of opposition to the president’s trade war. The vote passed 52-48. … Read more
Move is response to ad sponsored by Ontario that referenced Ronald Reagan’s support for free trade Donald Trump announced on Saturday that he will raise US tariffs on Canada by 10% in retaliation for an anti-tariff advertisement sponsored by the Ontario government, which has further strained one of the world’s largest trade partnerships. The statement, … Read more
New survey by Democrats also finds many are unhappy with signature Republican tax bill and healthcare cuts US politics live – latest updates As Donald Trump continues to slap tariffs on major trading partners, polling from a Democratic campaign arm finds that a majority of voters in districts likely to decide the majority in the … Read more