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Us Trade Policy

All articles tagged with #us trade policy

energy7 days ago•19 min saved

G-7 agrees to release 100 million barrels of fuel to avert U.S. diesel export ban

The Group of Seven (G-7) agreed to release 100 million barrels of diesel, gasoline, and crude oil from strategic reserves over four months to stabilize global fuel prices. The decision followed intense pressure from the U.S. administration, which threatened to ban diesel exports. While the U.S. framed the move as a cooperative effort to lower prices, European leaders described the negotiations as coercive. The agreement includes a front-loaded release of diesel within the first 20 days and explicitly discourages future export restrictions among G-7 members.

via The Washington Post|

#diesel-prices #energy #european-union

economy8 days ago•351 min saved

Federal judges weigh if Trump’s new global tariffs are a legal pretext

A federal trade court is reviewing whether President Trump’s latest global tariffs, imposed under Section 301, are a legal workaround for duties previously struck down by the Supreme Court. The new duties affect 86 countries and 99.4% of U.S. imports. Challengers argue the administration used forced labor concerns as a pretext to revive a banned tariff regime, while the government insists the measures comply with trade law. This is the third major court challenge to Trump’s tariff strategy in under two years.

via CNN|

#court-of-international-trade #economy #forced-labor

business10 days ago•0 min saved

Ford CEO Warns U.S. Must Act Before Chinese Auto Flood Mirrors Europe

Ford CEO Jim Farley stated that the U.S. still has time to carefully regulate Chinese automaker entry, contrasting it with Europe where it is now too late. He noted Chinese brands' European market share rose from near zero in 2020 to 12% in August 2026. Farley emphasized Ford's strategy of partnering with Chinese firms for technology while competing in other areas, despite recent concerns from the Trump administration regarding these ties.

via CNBC|

#business #chinese-automakers #electric-vehicles

economy11 days ago•344 min saved

US Farm Sector Faces Record Costs and Bankruptcies Amid Global Supply Shocks

US farmers are experiencing a severe economic recession driven by record-high diesel prices, soaring fertilizer costs, and trade disruptions. While the Trump administration debates export bans and import measures to lower consumer prices, producers face rising expenses and mounting losses, leading to a 20% increase in bankruptcies.

via CNN|

#agriculture #diesel-prices #economy

business21 days ago•19 min saved

Big Auto Makers Rally to Preserve U.S. Ban on Chinese Carmakers

Toyota, General Motors, and Ford have joined a coalition urging President Trump to maintain the ban on Chinese carmakers entering the United States, signaling industry support for continued barriers amid U.S.–China tensions.

via Yahoo Finance|

#business #chinese-carmakers #ford

business1 month ago•7 min saved

Target rides tariff rebates to stronger profits amid trade turmoil

Target disclosed about $994 million in pre-tax tariff refunds, boosting its second-quarter operating income to $2.6 billion from $1.3 billion a year earlier; the refunds follow a Supreme Court ruling that Trump-era tariffs were unlawful, while tariffs policy remains unsettled as Trump delays Canada duties during talks. The retailer is pursuing a price-competitive turnaround and aims to reduce reliance on China sourcing.

via BBC|

#business #retail-profits #target

world1 month ago•2 min saved

US charges dozens of countries with aiding China to dodge tariffs through transshipment networks

The White House says more than 40 countries participate in a 'Great Transshipment Scam' that hides Chinese goods in shipments to dodge US tariffs, naming the EU, Mexico, Canada, India, Japan, South Korea and several Southeast Asian nations as key enablers. AI-assisted enforcement is being rolled out at borders as part of a broader push, while Democratic-led states sue the tariffs and experts say the administration is pursuing new ways to pressure market access.

via Al Jazeera|

#china #global-trade #tariffs

business2 months ago•4 min saved

US widens forced-labor crackdown with tariffs on about 60 partners

The US is slapping 10% to 12.5% tariffs on roughly 60 trading partners—covering about 99.4% of imports—after determining many nations do not adequately prohibit or enforce bans on goods produced with forced labor; nations with enforceable bans face 10%, others 12.5%; the move, using Section 301 and related powers, marks another step in the Trump-era tariff strategy amid a contentious global trade environment and potential legal or retaliation pushes.

via BBC|

#business #forced-labor #global-trade

world2 months ago•327 min saved

US tightens Brazil trade stance with 25% tariffs on selected imports

The United States will impose a 25% tariff on a subset of Brazilian imports starting July 22 after a yearlong Section 301 investigation found Brazilian policies unfairly harmed US interests, spanning issues like digital trade, ethanol access, and deforestation. Exemptions apply to major exports such as coffee, beef, avocados, Brazil nuts, petroleum oils and aircraft parts. The U.S. says it remains open to negotiations, while Brazil’s Lula da Silva criticized the move and signaled countermeasures and WTO recourse. A separate forced-labor probe could add another 12.5% tariff (potentially bringing total duties to 37.5%), depending on next steps.

via CNN|

#brazil #lula-da-silva #section-301

business4 months ago•6 min saved

US Treads Toward Broad Tariffs on Partners Over Forced-Labor Concerns

The Trump administration proposed new double‑digit tariffs tied to forced‑labor concerns, with 16 economies facing 10% duties and 44 others at 12.5%; exemptions apply to many products (aircraft parts, food, rare earth minerals) and to Canada/Mexico under USMCA. Public hearings begin July 7, and the tariffs are not immediate, pending reviews. The move aims to replace revenue lost after court challenges to prior tariffs and signals further Section 301 actions, drawing mixed reactions from China and the EU as the administration presses ahead with a global tariff strategy.

via PBS|

#business #forced-labor #international-trade

business4 months ago•2 min saved

US proposes 25% tariffs on Brazil under Section 301 for unfair trade practices

The U.S. Trade Representative proposed 25% tariffs on Brazilian goods under Section 301, accusing Brazil of unfair practices that burden U.S. commerce—from anti-corruption enforcement and IP protection to ethanol market access and deforestation—with a July 6 hearing planned as Washington and Brasília negotiate, despite some ongoing talks.

via CNBC|

#brazil #business #lula-da-silva

business5 months ago•3 min saved

Court rules Trump’s 10% global tariffs illegal in key setback for trade policy

A US Court of International Trade ruled that Donald Trump’s 10% global tariffs imposed under Section 122 of the Trade Act of 1974 were unauthorized by law, applying only to the two companies in the case and not suspended broadly. The decision adds to legal headwinds against his trade agenda and hinges on whether balance-of-payments deficits are the same as a trade deficit. The White House did not comment, while ongoing Section 301 investigations could lead to new duties, with the baseline tariff set to expire in late July.

via Financial Times|

#balance-of-payments-deficits #business #court-of-international-trade

world6 months ago•3 min saved

WTO reform in limbo as digital tariffs moratorium stalls at Yaoundé talks

At the four-day WTO ministerial in Yaoundé, negotiators struggle to extend the e-commerce moratorium on digital tariffs as the deadline looms, with the United States pushing for a long horizon, Brazil opposing extensions, and India blocking plurilateral deals; options include a four-year extension with a sunset, a shorter stopgap, or letting the moratorium lapse, a decision that could derail broader reform if consensus cannot be found.

via politico.eu|

#digital-tariffs #e-commerce-moratorium #us-trade-policy

world7 months ago•3 min saved

US widens Section 301 push, launching forced-labor probes across about 60 economies

The United States opened new Section 301(b) trade probes into roughly 60 economies to assess whether governments failed to curb imports of goods made with forced labor. Targets include China, the European Union, India and Mexico, along with a broad list that also covers Australia, Indonesia, Japan, Malaysia, Singapore, South Korea, Switzerland, Thailand and the United Kingdom. Findings could justify tariffs without congressional approval, signaling a renewed push on global trade practices amid ongoing U.S. trade-policy actions and ahead of high-level talks with China.

via CNBC|

#forced-labor #international-trade #section-301

business7 months ago•2 min saved

FedEx Demands Full Tariff Refund Following IEEPA Ruling

FedEx filed a lawsuit seeking a full refund of all IEEPA-era tariffs paid during the Trump administration after the Supreme Court ruled the president exceeded his authority in imposing the duties; the suit, lodged with the U.S. Court of International Trade via Customs and Border Protection, highlights ongoing legal challenges to tariff costs and follows Costco’s similar filing, as FedEx warned tariffs could hurt 2026 earnings and overall profitability.

via NBC News|

#business #fedex #ieepa