News
Trump Lands From China to 3.8% Inflation, Vague Trade Wins
Beijing summit produced a Boeing announcement and soybean promises. The price pressure driving voter anger came home with him.
Beijing summit produced a Boeing announcement and soybean promises. The price pressure driving voter anger came home with him.
A second federal ruling against Trump's import taxes narrows the legal runway as the administration scrambles for new statutory cover.
March data shows imports rebounding after the Supreme Court invalidated Trump's IEEPA tariffs in February.
After the Supreme Court struck down IEEPA tariffs, the replacement Section 122 duties expire in five months — and Congress may lack the votes to extend them
Three Trump-appointed justices split as the court rules IEEPA does not authorize presidential tariff power, leaving billions in refunds unresolved
The existing détente—brokered during bilateral talks in Geneva this past May—imposed a 90-day pause on escalated tariffs.
U.S. officials, including Trade Representative Jamieson Greer, echoed concerns and criticized China's alleged non-compliance with the deal.
U.S. exemptions on tech products like smartphones and semiconductors benefit companies like Apple but leave a 20% tariff on all Chinese imports intact.