Trade

June 2025

June 2, 2025

Appeals court allows Trump to continue collecting tariffs — A lower court had ruled earlier in the week that the tariffs imposed under emergency powers were illegal, but the appellate court said the administration can continue enforcement while appeals proceed.

May 2025

May 19, 2025

U.S. and China reach 90-day tariff truce

The U.S. and China have agreed to temporarily reduce tariffs in a move aimed at defusing a costly trade war that had brought cross-Pacific commerce to a near standstill. The White House cut tariffs on Chinese imports from 145% to 30%, while China reduced its duties on U.S. goods from 125% to 10%....

April 2025

April 21, 2025

Boeing 737 MAX bound for China returns to U.S. amid escalating tariff war — The jet destined for China’s Xiamen Airlines was rerouted back to Seattle, signaling further disruptions to the global trading landscape.