The Constitution reserves taxing authority to Congress, the justices said. On Friday, the U.S. Supreme Court invalidated most of the tariffs imposed by President Donald Trump, ruling that he exceeded the authority he invoked to levy much of the duties. RELATED: Trump Sets 10-Day Ultimatum for Iran Nuclear Deal In a 6-3 decision, the court […]

The bilateral meeting aims to reach agreements on security, defense, and trade. On Friday, the Ecuadorian Foreign Affairs Ministry confirmed a private meeting with a high-level Colombian delegation to discuss the bilateral agenda amid their trade war. RELATED: Ecuador–Colombia Trade Dispute Escalates With New Tariffs Authorities did not specify the time or location of the […]

The U.S. decision goes beyond international trade norms, China points out. On Tuesday, amid escalating U.S. pressure against Iran, the Chinese government declared that it will firmly oppose the tariffs imposed by Washington on countries that maintain trade relations with Tehran. RELATED: China Urges Stability in Iran and Rejects Foreign Interference The U.S. measure provides […]

The tariff shock has compounded the export-driven economy’s structural weaknesses. Germany’s economy remains mired in stagnation as 2025 draws to a close, following two consecutive years of contraction. Early-year hopes of a modest recovery were dashed by an unexpected escalation of tariffs by the United States. RELATED: German Digital Minister Open to Social Media Ban […]

The rescue package came as inflation and high tariffs keep raising wider concerns. On Monday, the administration of U.S. President Donald Trump unveiled an aid package of US$12 billion to farmers hit hard by tariff policies, as weaker demand, rising costs and falling sales strain income. RELATED: U.S. Soybean Farmers Standing at a Financial Precipice: […]

Previously, the U.S. Court of International Trade ruled that Trump’s tariffs were illegal. On Wednesday, the U.S. Supreme Court held a hearing over U.S. President Donald Trump’s global tariff policy under the International Emergency Economic Powers Act (IEEPA), with both conservative and liberal justices expressing skepticism about its legal basis. RELATED: U.S. Senate Votes to […]

Four Republicans joined Democrats to vote for the ending of the national emergency. On Thursday, the U.S. Senate voted 51-47 to eliminate the national emergency cited by U.S. President Donald Trump to impose global tariffs in early April. RELATED: Trump to Impose 10% Extra Tariffs on Canada Over Ad Controversy The votes are symbolic as […]

Agreements include tariff cuts, end of rare earth restrictions, soybean purchases, and cooperation on fentanyl control. On Thursday, U.S. President Donald Trump and Chinese President Xi Jinping reached a series of agreements aimed at easing tensions sparked by Washington’s trade war with Beijing. RELATED: Malaysia and the U.S. Sign Defense Cooperation Deal Below are the […]

At the ASEAN summit, Lula da Silva and Trump agreed to start negotiations to lift tariffs and sanctions. On Sunday, Brazilian President Luiz Inacio Lula da Silva and U.S. President Donald Trump met on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit in Kuala Lumpur. RELATED: Multilateralism Defense 7 Agreements, 1 Vision: […]

The Ontario ad featured Ronald Reagan criticizing tariffs. On Saturday, U.S. President Donald Trump said that he plans to increase tariffs on goods from Canada by an extra 10 percent because of an anti-tariff TV advertisement. RELATED: Trump Terminates Trade Talks With Canada Over Ad Referencing Reagan The ad, aired by the Canadian province of […]