Trade
The latest news, analysis and updates on trade politics and policy.
US could be forced to refund ‘about half’ of tariffs if SCOTUS rules against Trump, Bessent says
The Treasury Department collected more than $180 billion in tariff revenue for the year, through August.
Weekly Trade
Delivered every Monday by 10 a.m., Weekly Trade examines the latest news in global trade politics and policy.
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Trump Is Trying to Blackmail the Supreme Court
The legal arguments for Trump’s tariffs are weak, so he’s arguing their rejection would bring ruin.
Trump asks Supreme Court to rapidly take up tariff case
The Justice Department asked the high court to hear arguments in early November and ‘expedite’ its ultimate ruling ‘to the maximum extent feasible.’
Trump’s warning on digital rules was aimed at this country
The White House is increasingly concerned that other countries will mimic Europe’s laws governing large tech companies.
Trump’s attempts to lure companies away from China are backfiring
U.S. firms wrestling with Trump’s unpredictable trade policy are calculating it’s better to stay put in China than reshore — at least for now.
Federal appeals court strikes down major chunk of Trump’s tariffs
The ruling will not take effect right away, giving the administration time to appeal to the Supreme Court.
Mexico suspends postal shipments to United States over tariff confusion
Other countries have made similar moves as they seek clarity on the Trump administration’s policies.
‘Clearly a low moment’: US-India relationship sours as new tariffs kick in
The levies — imposed, in part, to pressure Russia to end its war on Ukraine by punishing one of its largest oil buyers — are likely to inflame tensions between the U.S. and India.
Canada looks to Germany to offset Trump tariff agenda
Prime Minister Mark Carney and senior Cabinet ministers will travel to Berlin to talk energy, defense and critical minerals.
Carney backs down on tariffs to keep Trump talks alive
Ottawa drops elbows in an effort to de-escalate trade war with the United States.
Video games are getting more expensive amid trade war
Many economists fret that the coming months will see more companies raise prices on consumers in response to the administration’s wide-ranging tariffs.
Trump tariff agency plan stalls amid White House turf battle
“They haven’t figured out what they want,” said one person close to the White House.
‘They created this impasse’: Lula, Trump at a standstill on tariffs
Trump has tied tariffs so large they are effectively sanctions to an issue Lula’s government has made clear it won’t negotiate on.
Trump extends China trade truce, setting stage for more ambitious talks
The administration is increasingly seeking to fold non-tariff-related trade disputes into trade negotiations.
Trump draws backlash over deal to sell Nvidia export control license
The president appeared to brush off concerns that he was weakening national security by approving the sale.
Foreign governments bet big to lobby Trump on tariffs. Most came up empty.
Countries scooped up lobbyists with Trump connections as the administration embarked on an effort to upend global trade. They’re all still looking at higher tariffs.
Canada courts Mexico as Trump escalates tariff fight
Canadian ministers push energy ties with Mexico ahead of thorny USMCA review
‘He is completely upset’: Why Trump scrapped an India trade deal
The unraveling of a seemingly positive trade dynamic shows the precarious nature of crafting an economic partnership with a mercurial Trump administration.
Trump’s trade onslaught escalates as global tariffs kick in
“Tariffs are flowing into the USA at levels not thought even possible!” the president wrote in a post.
‘Icy cool’: How Claudia Sheinbaum is navigating Trump’s new world order
Mexican President Claudia Sheinbaum has extradited cartel leaders, deployed troops to the border — and remained calm. So far, it’s worked.
Trump says he will put 100 percent tariff on semiconductors
The president made the announcement at a White House event with Apple CEO Tim Cook.
US to hike tariffs on India to 50 percent over Russian oil purchases
The new 25 percent tariffs will be stacked on the existing rate.
How Trump’s $150 billion tariff brag could backfire
A court could rule the administration has to repay tariff revenue, which would undercut one of the president’s central selling points for its sweeping trade policies.
Carney on Trump: ‘We’ll speak when it makes sense’
The prime minister also warned that tariff rift puts Canadian investment in U.S. at risk
Trump again threatens India with tariffs over its trade with Russia
“They don’t care how many people in Ukraine are being killed by the Russian War Machine,” Trump wrote on Truth Social.
Trade representative backs Trump’s punitive approach to global tariffs
“He’s elected to assess the foreign affairs situation in the United States and take appropriate action,” Jamieson Greer said Sunday.
Businesses got some clarity on Trump’s trade deal. They aren’t reassured.
Trump’s Thursday tariff announcements caught some in corporate America by surprise.
Trump issues order imposing new global tariff rates effective Aug. 7
The executive order follows through on the president’s recent trade agreements with some trading partners and his threats to slap punishing new duties on others.
Trump hikes tariffs on Canada after trade talks stall
US-Mexico-Canada pact will soften blow for a majority of Canadian goods.
Trump’s tariffs get frosty reception at federal appeals court
During a lengthy oral argument, judges were skeptical that Trump had the power to use an emergency law to enact the tariffs.
Trump extends Mexico tariff deadline for 90 days
The temporary reprieve came shortly after a phone call between President Donald Trump and Mexican President Claudia Sheinbaum