Global World News Trump’s Massive ‘reciprocal’ Tariffs Upend Global Trade

Trump’s Global Tariffs Curtailed Trade, Data Shows

The steep tariffs President Trump issued in August led to a contraction in imports and the trade deficit, newly released data shows. Note: Data shows goods and services. Source: Bureau of Economic ... Read More

Fact Sheet: Following Trade Deal Announcements, President Donald J. Trump Modifies the Scope of the Reciprocal Tariffs with Respect to Certain Agricultural Products

STRENGTHENING THE ECONOMY AND NATIONAL SECURITY THROUGH TARIFFS AND TRADE DEALS: Today, President Donald J. Trump signed an Executive Order modifying the scope of the reciprocal tariffs that he first ... Read More

Global Goods Trade Slows as Tariff Frontrunning Ends, WTO Says

Global merchandise trade slowed last quarter as the boost seen earlier this year from front-loading of orders ahead of US tariffs faded, the World Trade Organization said. The WTO’s goods barometer ... Read More

U.S. trade deficit drops 24% in August as Trump’s tariffs reduce imports

This is read by an automated voice. Please report any issues or inconsistencies here. The U.S. trade deficit fell by nearly 24% in August as President Trump’s sweeping global tariffs pushed imports ... Read More

Supreme Court begins deliberations on Trump’s “reciprocal tariffs”

The US Supreme Court will today hear arguments in the appeal by the Trump administration against the decision of two lower courts striking down his use of “reciprocal tariffs” by invoking powers given ... Read More

America’s Tariffs Jolted the Global Economy. Its AI Spending Is Helping Save It.

SINGAPORE—When President Trump announced his “Liberation Day” tariffs in April, economists predicted a global shock: The U.S. would buy less from the world, cutting exports and jobs. Now some of those ... Read More

What has US Supreme Court said about Trump’s trade tariffs? Does it matter?

The US Supreme Court has questioned US President Donald Trump’s authority to use emergency powers to impose sweeping tariffs on trading partners around the world. In a closely watched hearing on ... Read More

Trump Eliminates Reciprocal Tariffs on Beef, Coffee, Limes, and More

In an executive order released Friday, President Donald Trump eliminated reciprocal tariffs on dozens of agricultural imports, including beef, coffee, orange juice, pineapples, and nuts. "I have ... Read More

'Life or death': Trump calls tariff case 'one of the most important' in US history

WASHINGTON: The US Supreme Court will hear arguments Wednesday on whether a wide swath of Donald Trump's tariffs are lawful, in a landmark case that could uphold, or upend the president's economic ... Read More