Trump, Tariff and Market Resilience
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A courtroom showdown over President Trump’s tariffs will take place this month. But it could still take a lot longer to permanently settle the legal question of whether the president has the authority to impose his wide-ranging tariffs.
President Trump’s ever-swerving tariff regime has taken more sharp turns in recent days.On July 7, his administration pushed back some of its most punishing duties by three more weeks to August, following a 90-day delay.
What are the latest tariffs announced by the US President? How do things stand presently, and why has China been spared in the latest round of levies?
The sector-specific tariffs are putting pressure on businesses and foreign nations as they try to navigate Trump’s constantly evolving trade agenda.
With the change, the Trump administration has also backed away from a signature effort to stay ahead of China in the A.I. race. The U.S. government had been concerned that the Chinese military could use A.I. chips to coordinate attacks and develop weapons and had also wanted to preserve the U.S. lead in developing A.I. systems.
The Cato Institute and the New Civil Liberties Alliance urge the Federal Circuit to extend the logic of a decision against the president's far-reaching import taxes.
The proposed India-US bilateral agreement (BTA) is not likely to resolve the fraught issue of American tariffs on Indian steel and alumini
Brazil’s President forcefully rebuked Trump after the U.S. leader called the prosecution of Lula’s predecessor, Bolsonaro, a “witch hunt” and hiked tariffs on the Latin American nation.
5dOpinion
The New Republic on MSNTrump Imposes Pointlessly Disastrous Tariff on CopperThe U.S. currently does not have the capacity to produce enough copper to offset Donald Trump’s new tariff. Donald Trump announced a 50 percent tariff on copper, a move that is sure to slow production and make prices skyrocket.
Reuters on MSN2h
Trade wars: Trump eyes more deals soon, EU readies retaliationPresident Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were in the works as he continued to press for what he views as better terms with trading partners and ways to shrink a huge U.