Tariffs
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techjuice.pkCanada Seeks 50 Percent Rise in Exports to China by 2030
Foreign Minister Anita Anand stated the export target during a visit by her Chinese counterpart to Ottawa. The announcement comes amid U.S. tariffs that have altered trade patterns.
Costco Reports Record Gas Sales in Fiscal Third Quarter
Costco recorded its highest-ever weekly gas volumes in the final five weeks of its fiscal third quarter. The retailer also reported net sales above Wall Street expectations and began filing tariff refund claims.
dailywire.comUBS Solar Basket Rises 40 Percent Year to Date Ahead of Tariff Decision
The UBS Solar basket has gained 40 percent year to date and 33 percent in May. A potential Section 232 tariff announcement is scheduled for mid-to-late June.
al-monitor.comCanada Shifts Aluminum Exports to Europe After U.S. Tariff
Canadian producers are redirecting aluminum shipments to Europe following a 50 percent U.S. tariff imposed last year. Middle East supply disruptions linked to the Iran war have raised European premiums and altered trade patterns.
thehindubusinessline.comIndia Says Pernod Ricard Withheld Scotch Details to Lower Tariffs
India has accused a major liquor company of withholding information about Scotch whisky composition and age. The move is said to have aimed at securing reduced import duties.
jpost.comU.S. Officials Say Trump-Xi Summit Yielded Gains on Trade Stability
U.S. officials said the recent Trump-Xi summit produced continued tariffs and greater stability. They also announced plans to seek public comment on possible tariff adjustments covering $30 billion in Chinese goods.
forbes.comU.S. and EU advance talks on tariff reductions
Trade discussions between the United States and the European Union have produced progress on lowering tariffs. Officials stated that additional work remains on non-tariff barriers.
finance.yahoo.comU.S. Government Joins Creditors in First Brands Bankruptcy Case
The U.S. government has filed claims in the bankruptcy of autoparts maker First Brands. The filing alleges the company underpaid tariffs.
prnewswire.comFitch Ratings Flags Credit Risks for North American Companies From Conflicts, Tariffs, and AI
Fitch Ratings warned that North American corporations face elevated credit risks tied to ongoing conflicts, new tariffs, and artificial-intelligence adoption. The assessment covers multiple sectors and outlines specific vulnerabilities without assigning ratings changes.
France 24U.S. Secretary of State Rubio Visits India to Address Trade Issues
Marco Rubio is in India for talks aimed at reducing trade tensions between the two countries. Both governments report movement toward a long-term trade deal while differences over tariffs and India's trade surplus remain.
SemaforU.S. Trade Representative Says No Immediate Tariffs on Semiconductors
U.S. Trade Representative Jamieson Greer stated Friday that tariffs on semiconductors will not be imposed immediately. Greer spoke at a Micron facility event and emphasized the need for proper timing and scale.
ecns.cnU.S. Trade Representative Says No Immediate Tariffs on Semiconductors
U.S. Trade Representative Jamieson Greer stated Friday there are no immediate tariffs planned on semiconductor imports. He emphasized the need to protect investments in domestic chip production and to time any future measures appropriately.
indiatoday.intoday.inCompanies Seek Tariff Refunds After Presidential Statement
Several major retailers have applied for tariff refunds after President Trump stated he would remember companies that did not seek them. More than $35 billion in refunds has already been processed.
etftrends.comFed Official Says Inflation Target Was Near Before Tariffs and Oil Prices Rose
A Federal Reserve official stated that the central bank had been close to meeting its inflation target before tariffs and higher oil prices took effect. The comments address recent economic pressures on price stability.
ReasonTariffs Added Nearly One Point to U.S. Consumer Prices in 2025
Tariffs imposed in 2025 raised consumer prices and cost American households about $1,000 each, according to multiple economic analyses. The measures also generated lobbying activity and legal challenges after a Supreme Court ruling.
videogameschronicle.comWalmart Says It Will Use Tariff Refunds to Lower Prices
Walmart executives stated on Thursday that the company may direct tariff refunds toward price reductions. They also noted that rising fuel costs are affecting customer spending patterns.
EuronewsU.S. and China Agree to Discuss Tariff Cuts on $30 Billion in Goods
Officials from the world's two largest economies said they will discuss reciprocal tariff reductions on products of equivalent scale. The planned cuts follow a one-year trade truce reached last year.
ecns.cnEU and U.S. Aim for Trade Pact Implementation Deal by July 4
Officials plan to reach an agreement Tuesday on carrying out a trade pact signed nearly one year ago. The timeline follows warnings of new tariffs if no progress occurs by July 4.
EngadgetAmazon Faces Class Action Lawsuit Over Tariff Refunds
A class action lawsuit filed in Seattle on Friday accuses Amazon of failing to refund customers for costs tied to tariffs that a Supreme Court ruling later found unlawful. The suit seeks recovery of hundreds of millions of dollars.
thehindu.comU.S. Trade Representative Discusses China Trade Boards and Tariff Options
U.S. Trade Representative Jamieson Greer said the United States and China agreed to create a Board of Trade and a Board of Investment. Greer also addressed gas prices, tariff flexibility, and upcoming trade investigations.
fivebooks.comUS and China Agree to Lower Tariffs on Range of Products
The United States and China reached an agreement to reduce tariffs on certain unspecified products to promote bilateral trade. China's Commerce Ministry confirmed the deal, which includes plans for China to purchase American planes and address concerns over agricultural imports.…
wwd.comTrump Claims Trade Progress With China After Xi Summit, Announces Boeing and Farm Deals
President Trump said this week's meeting in Beijing produced fantastic trade deals including China's commitment to buy at least 200 Boeing aircraft. The White House established new boards to manage economic ties while officials consider lifting tariffs on $30 billion in goods. Tr…
ReasonGoodyear to Close North Carolina Plant, Citing $249M Quarterly Loss and Cost Pressures
Goodyear Rubber and Tire Co. announced the shutdown of its North Carolina factory citing higher raw material costs and tariff-related headwinds totaling $420 million for the year. The company swung from a $115 million profit in Q1 2025 to a loss in Q1 2026. Executives pointed to…
al-monitor.comChina and US Agree to Expand Two-Way Trade With Reciprocal Tariff Cuts
China's Foreign Minister Wang Yi said the United States and China have agreed to promote expansion of two-way trade under a framework of reciprocal tariff reductions. The two sides also agreed to set up boards on trade and investment while teams continue working on details of out…
cnbc.comTrump and Xi Hold Beijing Summit, Agree to Create Trade Board and Discuss Major Investments
President Donald Trump said he struck "fantastic trade deals" after two days of talks with Xi Jinping in Beijing, including an unconfirmed order for 200 Boeing planes. The leaders agreed to create a Board of Trade and Trump invited Xi to the White House in September. Beijing did…
upi.comU.S. Officials Urge Germany to Pay Higher Prices for Pharmaceuticals in Washington Meeting
U.S. Trade Representative Jamieson Greer and chief health department adviser Chris Klomp told German Ambassador Jens Hanefeld that Germany should pay more for pharmaceuticals. The discussion included possible tariffs under Section 301 as part of a broader Trump administration eff…
livemint.comXi Jinping Meets U.S. CEOs Traveling With Trump as Both Sides Discuss Trade, Tariffs and Market Access
Chinese President Xi Jinping met with more than a dozen U.S. chief executives traveling with President Trump, pledging greater market access after last year's tariff increases to as much as 125%. The delegation, whose combined net worth approaches $1 trillion, includes Tim Cook,…
rte.ieU.S. Begins Issuing Billions in Refunds for Tariffs Struck Down by Supreme Court
Federal payments began flowing on May 12, 2026, to importers hit by tariffs imposed under the International Emergency Economic Powers Act. Small business owner Sarah Wells received $10,000 that morning. The government has approved nearly 87,000 refund requests totaling more than…
thedrinksbusiness.comWine Importer Receives $110,000 Tariff Refund After Supreme Court Ruling
Victor Schwartz, CEO of VOS Selections, received a $110,000 refund from the U.S. government. The payment follows a Supreme Court decision that invalidated tariffs imposed under the International Emergency Economic Powers Act. The Treasury Department has begun processing refunds t…
ibtimes.co.ukBoston Fed President Says Rate Hike Possible if Inflation Broadens
Boston Fed President Susan Collins said the central bank is monitoring whether tariff effects continue to pass through the price chain and whether price pressures spread beyond energy. She flagged the possibility that the Federal Reserve might need to raise interest rates if infl…
The IndependentTrump and Xi Meet in Beijing as U.S.-China Trade Truce Nears Expiration
Presidents Donald Trump and Xi Jinping are holding talks in Beijing where officials expect to extend a trade truce reached in October 2025. China may announce purchases of American soybeans, beef and Boeing airplanes while U.S. officials have teased creation of a Board of Trade.
Algoma Steel Group Reports Q1 2026 Results After Transition to Electric Arc Furnace
Algoma Steel Group completed its transition to a fully electric arc furnace operation in January 2026, ending 125 years of blast furnace steelmaking. The company reported an adjusted EBITDA loss of C$28.7 million for the first quarter and said it expects to return to profitabilit…
realitytea.comU.S. to Issue Up to $166 Billion in Tariff Refunds After Supreme Court Ruling
Federal officials launched a new claims system in late April to process refunds for tariffs imposed under the International Emergency Economic Powers Act. The Supreme Court ruled in February that the Trump administration exceeded its authority under the 1977 law. U.S. Customs and…
Al JazeeraUS Appeals Court Pauses Ruling Blocking Trump’s 10 Percent Global Tariff
A federal appeals court issued a temporary stay of a lower court decision that had blocked President Trump’s 10 percent tariff on imports. The tariff was imposed in January under Section 122 of the 1974 Trade Act after the Supreme Court ruled that another tariff authority could n…
ai-cio.comState Treasurers Raise Concerns Over Tariff Refund Process
A group of state treasurers sent a letter seeking greater transparency in the tariff refund process after a Supreme Court ruling found certain tariffs unlawful. Importers have begun receiving refunds through a new portal, but consumers who faced higher prices have limited options…
ABC NewsU.S. Businesses Receive Tariff Refunds
Oshkosh Corporation and Basic Fun received initial payments Tuesday after the Supreme Court invalidated President Donald Trump's tariffs imposed under the International Emergency Economic Powers Act. U.S. Customs and Border Protection anticipated paying $35.46 billion on 8.3 mill…
webpronews.comCindy McCain to Step Down as World Food Programme Executive Director
The head of the UN World Food Programme is leaving her post after three years as the number of people at risk of acute hunger rose to 363 million this year. McCain cited budget cuts from the U.S., EU and other regions amid rising conflict and climate change. President Trump told…
japantimes.co.jpEight U.S. Solar Manufacturers Request Trade Investigation Into Ethiopian Assembly
Eight U.S. solar manufacturing firms filed a request with the Department of Commerce on Tuesday seeking an investigation into companies assembling solar cells and panels in Ethiopia using components from China. The filing alleges unfair trade practices in the solar supply chain.…
thehindu.comTrump Proposes New Tariff Strategy
President Trump stated that tariffs will be implemented in a different way that is less efficient but allows the U.S. to charge more. The comments were reported across multiple financial news outlets on the same day. No additional details on the specific tariff policy changes wer…
tass.comSouth Korean President to Meet U.S. Treasury Secretary Ahead of Trump-Xi Summit
The South Korean president will hold a meeting with the visiting U.S. Treasury secretary on Wednesday to discuss tariffs and other bilateral issues. The talks come one day before the U.S. official travels to China for a summit between President Trump and Chinese President Xi Jinp…
NprPoll Shows American Views on China, Tariffs and Iran as Trump Visits Beijing
A new poll finds most Americans view China as an economic rival or adversary but favor maintaining trade ties and reducing tariffs to lower consumer costs. The survey also shows divided opinions on the war in Iran, with majorities saying it has harmed U.S. national security, the…
wwd.comTrump Administration Requests Trade Court to Stay Section 122 Tariffs Injunction During Appeal
The administration asked the U.S. Court of International Trade on May 11, 2026 to pause its decision against the tariffs, citing risks to trade talks and potential economic disruption. Officials warned that even limited suspension could derail negotiations with 16 major trading p…
nypost.comTrump Arrives in Beijing for Talks With Xi Jinping
President Trump landed in China on May 13 for a state visit focused on pressing President Xi Jinping to help end the war with Iran. Oil prices climbed after Trump rejected Iran's latest ceasefire proposal as "totally unacceptable." The trip occurs amid rising U.S. bond yields, hi…
Los Angeles TimesPort of Los Angeles Container Volume Rises 5.7 Percent in April
The Port of Los Angeles handled 890,861 container units in April, its second-busiest April on record. Imports grew while exports declined slightly amid tariff uncertainty and higher fuel costs linked to the closure of the Strait of Hormuz. Year-to-date volume stands 2 percent bel…
New York PostTrump Signs Executive Orders Temporarily Cutting Tariffs on Beef Imports
President Donald Trump will sign two executive orders on May 12, 2026, to expand beef imports and support domestic ranchers in an effort to lower record-high prices. The measures include suspending tariff-rate quotas and directing more Small Business Administration loans to U.S.…
wwd.comFirst Tariff Refunds Reach Businesses Starting Tuesday
U.S. Customs and Border Protection will begin issuing the first wave of tariff refunds to businesses on May 11, 2026. More than 330,000 importers paid a total of $166 billion in tariffs later ruled illegal by the Supreme Court. As of late April, at least 75,000 businesses had app…
ibtimes.co.ukDallas Fed Study Finds Tariffs Fully Passed Through to Consumer Prices
Core inflation reached 3.2 percent in March, the highest since 2023, and would have been 0.8 percentage points lower without tariffs, according to Federal Reserve Bank of Dallas researchers. Realized tariff rates ended 2025 at 9.4 percent, the highest in decades. Separate Federal…
EuronewsEU Parliament Trade Committee Keeps 19 May Date for EU-US Trade Deal Talks Despite EPP Push to Accelerate
The European People’s Party sought to advance negotiations on the EU-US trade agreement ahead of the scheduled 19 May round, but Bernd Lange rejected the move. US President Donald Trump has set a 4 July deadline for finalising the pact, threatening 25% tariffs on European cars an…
ipolitics.caU.S. Suspends Tariffs on Beef Imports Starting Monday
The Trump administration will temporarily reduce tariffs on foreign beef imports as soon as Monday, allowing increased volumes at lower rates from all exporting nations. Officials are also easing wolf protections and ear tag rules for domestic cattle producers. The moves aim to a…
truthout.orgTrump Criticizes Gorsuch and Barrett for Supreme Court Tariff Decision
President Trump criticized two Supreme Court justices he appointed for joining a decision against his tariffs program, saying it cost the U.S. $159 billion. The February ruling came as multiple Southern Republican-led states moved quickly to redraw congressional maps following a…
chinamoneynetwork.comU.S. Senator Urges Canada to Exercise Caution on Deals With China
A U.S. senator warned Canadian officials to weigh national security risks when pursuing agreements with China even as Canada allows 49,000 Chinese-made electric vehicles into its market at a reduced 6.1 per cent tariff. The senator spoke while attending an international summit in…
nypost.comCompanies Receive Refunds on Trump Global Tariffs
Companies that paid President Trump’s global tariffs have begun receiving refunds from U.S. customs authorities. The payments mark the first returns of duties collected under the tariff program. Questions remain about how businesses will use the refunded money.
The GuardianU.S. Government Processes Refunds for Trump-Era Tariffs
Federal agencies have begun processing tariff refunds for importers following a Supreme Court decision that struck down tariffs imposed under the International Emergency Economic Powers Act. An estimated 330,000 importers paid more than $166 billion in fees.
Hoover InstitutionTrump to Visit Beijing
President Trump is scheduled to travel to Beijing on May 14 for trade talks with Chinese leaders. A recent court decision on tariffs could weaken his negotiating position. Senior U.S. officials said security concerns related to artificial intelligence may also be discussed during…
thehindu.comTrump Removes 10% Tariff on Scotch Whisky Imports
President Donald Trump announced the tariff elimination on May 1 after King Charles III's state visit. The move covers all whisky tariffs including Irish whiskey and comes as the U.S. remains the largest export market for Scotch. Industry figures and investors reacted to the poli…
New York PostConsumers Sue Nike Over Tariff Costs and Refunds
Consumers filed a proposed class action against Nike on Friday accusing the company of raising prices to cover tariff costs and then failing to refund those amounts after a court struck down the tariffs. The Beaverton, Oregon-based company has reported paying about $1 billion in…
Financial TimesUS Court Rules Trump Tariffs Illegal
A major court defeat on tariffs could weaken President Trump's negotiating position as he prepares to meet Chinese President Xi Jinping next week in Beijing. China's exports rose 14 percent in April, underscoring the country's manufacturing resilience despite existing U.S. tariff…
asiaone.comU.S. Trade Court Rules Against 10% Global Tariff on Narrow Grounds
The Court of International Trade found that a 10% global tariff imposed in February under Section 122 of the Trade Act of 1974 is unlawful. The ruling applies only to two businesses and the state of Washington. The administration said it is reviewing legal options.
thehindu.comTrump Rift With German Leader Complicates EU-US Trade Deal Talks
A rift between President Trump and the German chancellor is complicating the European Union's efforts to complete a trade agreement with the United States before new tariffs take effect. The EU is seeking to finalize the deal amid ongoing negotiations. The situation was reported…
jpost.comUS Global Tariffs Ruled Unlawful by Federal Court
A federal court has ruled that broad U.S. tariffs imposed on imports from multiple countries are unlawful. The decision comes as President Trump continues to use tariffs as a central element of trade policy. Markets showed limited reaction, with traders indicating they expect the…