Donald Trump is the first president to use the International Emergency Economic Powers Act to impose tariffs, teeing up likely legal battles that will test his executive authority.
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
Canada and Mexico quickly announced retaliatory tariffs, while China said it would take “necessary ... already facing a potentially devastating 50% tariff on American whiskey by the European ...
President’s 10% tariffs on Chinese goods came into effect at 12.01am on Tuesday morning after measures against Canada and ...
China is prepared to negotiate with the Trump administration on how it can make more investments in the US after the president’s decision to impose 10% tariffs on the country — and ...
Feb. 1 Canada and Mexico both levied retaliatory tariffs on U.S. imports in response to Trump’s directive, while China said it would file a lawsuit with the World Trade Organization and take ...