A US federal court has blocked President Donald Trump’s sweeping tariffs, in a major blow to a key part of his economic policies. The Court of International Trade ruled that an emergency law invoked by the White House does not give the president unilateral authority to impose tariffs on nearly every country. The Manhattan-based court […]
China has sent back planes it ordered from the US in its latest retaliation over Trump tariffs, the boss of aircraft maker Boeing has said. Kelly Ortberg said two planes had already been returned, and another would follow after trade tensions between the two countries escalated. Boeing’s chief executive told CNBC that 50 more planes […]
US President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US in a move that threatens to widen the global trade war. Trump said the latest tariffs would come into effect on 2 April, with charges on businesses importing vehicles starting the next day. Charges on […]
US President Donald Trump has pledged to impose more tariffs after his latest move to introduce import taxes on steel and aluminium entering the US prompted retaliation from the European Union (EU) and Canada. Trump said “of course” he would respond to the countermeasures, repeating his warning to reveal “reciprocal” tariffs next month on countries […]
