Canada and the United States are in tense trade negotiations with Ottawa considering concessions including ending provincial alcohol bans to avoid new tariffs set to take effect in less than two weeks. Prime Minister Mark Carney characterized the talks as 'nasty' after President Trump criticized Canadian leadership.
The Senate overwhelmingly approved sweeping Russian sanctions legislation Friday that would allow President Trump to impose 100% tariffs on the world's top five purchasers of Russian oil and gas, including India and China. The bill, championed by Sen. Lindsey Graham before his unexpected death in July, now heads to the House of Representatives.
The Senate overwhelmingly approved sweeping Russian sanctions legislation Friday that would allow President Trump to impose 100% tariffs on the world's top five purchasers of Russian oil and gas, including India and China. The bill, championed by Sen. Lindsey Graham before his unexpected death in July, now heads to the House of Representatives.
President Trump is preparing to impose tariffs and minimum prices on imported polysilicon to boost domestic production of the material used in semiconductors and solar panels, with officials considering a months-long delay in collection.
The Trump administration will announce a 15% tariff and price floor system on polysilicon and related products as early as Thursday, targeting China's 93.5% control of the critical material used in solar panels and semiconductors. The measures follow a Section 232 national security investigation launched in July 2025.
Customs and Border Protection began issuing refunds for tariffs collected under Trump's 'liberation day' trade policy, with $100 billion already returned to importers in what represents a significant reversal of the administration's signature economic initiative.
The Trump administration is reportedly drafting regulations to ban U.S. imports of new Chinese optical modules and data center components, causing Chinese AI hardware stocks like Zhongji Innolight to slump while U.S. optical communication stocks such as Lumentum surged over 13%.
A coalition of 25 states, primarily Democratic-led, filed a lawsuit against the Trump administration on Monday challenging new tariffs on dozens of countries, arguing they are an unlawful pretext to replace import taxes the Supreme Court struck down in February 2026.
A coalition of 25 Democratic-led states filed a lawsuit challenging President Trump's latest round of tariffs on 60 trading partners, arguing they exceed his legal authority and are a pretext for replacing tariffs struck down by the Supreme Court.
Two groups of small businesses filed legal challenges in U.S. Court of International Trade against the Trump administration's new global tariffs that took effect Friday, targeting over 60 countries including Canada, Mexico, and the EU. The lawsuits came just as temporary 10% worldwide tariffs expired.
The Trump administration announced tariffs of 10% to 12.5% on 60 trading partners, including the European Union, over alleged failures to enforce forced labor import bans. The duties will take effect at the same moment temporary 10% global tariffs expire, although a senior administration official disputed describing them as a direct replacement.
China's Commerce Ministry said China is soliciting views from domestic companies, business associations, local governments, and U.S. business groups, while the United States is separately seeking public comments on the Board of Trade and the reciprocal tariff arrangements. The proposed framework covers about $30 billion worth of goods on each side, while the two countries continue to work out the board's structure, functions, and operating model.
A new 25% US tariff on Brazilian goods including farm machinery, wood products, ethanol and apparel took effect on July 22, 2026, affecting about $7.2 billion of Brazil's roughly $38 billion in 2025 exports to the United States, according to ApexBrasil. Brazil said it would reciprocate, although Vice President Geraldo Alckmin later said the government would seek a negotiated resolution instead of retaliating.
President Trump announced that generic drug manufacturers must relocate production to the United States by August 2028 or face 100% import duties, threatening the supply of low-cost medicines used by millions of Americans.
President Donald Trump ordered 50% tariffs on a wide range of Canadian imports worth nearly $20 billion, including wine, dairy products, hockey gear and cement, citing what the U.S. administration called discriminatory treatment of American autos, alcohol and dairy goods. The tariffs are scheduled to take effect on August 19, 2026, while Canada has said it is ready to intensify trade talks.
President Trump signed proclamations imposing additional 50% tariffs on most Canadian goods, including dairy, alcohol, and other products, in response to what the White House called discriminatory practices. Canada canceled a joint bridge-opening ceremony in response.
President Donald Trump is poised to impose fresh tariffs on approximately 60 countries as soon as this week, replacing the temporary 10% global tariff expiring Friday with new rates ranging from 10% to 12.5%. The move includes a 50% tariff on Canadian goods, citing discriminatory treatment of U.S. products.
President Donald Trump announced he will add the cost of wildfire pollution to existing tariffs on Canadian goods, blaming Canada for smoke from wildfires that has triggered air quality warnings across the Midwest and Northeast United States. Canadian Prime Minister Mark Carney called the threat 'unacceptable.'
President Donald Trump announced he will add the cost of wildfire pollution to existing tariffs on Canadian goods, blaming Canada for smoke from wildfires that has triggered air quality warnings across the Midwest and Northeast United States. Canadian Prime Minister Mark Carney called the threat 'unacceptable.'
President Donald Trump announced plans to add the cost of wildfire pollution to existing tariffs on Canadian goods, blaming Canada for 'willful negligence' as smoke from massive wildfires triggered air quality warnings across the U.S. Midwest and Northeast. Canadian Prime Minister Mark Carney called the threat 'unacceptable.'
President Donald Trump threatened to impose additional tariffs on Canada as punishment for wildfire smoke blanketing large parts of the United States. The smoke from hundreds of Canadian wildfires has caused hazardous air quality across the US Midwest and Northeast.
President Donald Trump announced plans to add pollution costs to existing tariffs on Canadian goods, accusing Canada of 'willful negligence' as smoke from massive wildfires triggered air quality warnings across the U.S. Midwest and Northeast, including New York City.
A bipartisan group of U.S. lawmakers called on the Trump administration Thursday to take action against imports of partially finished solar cells that they say are being used to dodge trade duties and improperly claim federal manufacturing tax credits.
The Trump administration has been forced to issue between $77-81 billion in customs duty refunds in 2026 after the Supreme Court ruled his tariff policy unlawful earlier this year. Trump reportedly expressed anger at the justices, saying he was 'absolutely ashamed' of them.
The European Union and China have agreed to enter three months of negotiations aimed at resolving their massive trade imbalance and avoiding escalating trade tensions. The talks, formalized in their first joint statement in seven years, will focus on the bloc's €360bn annual import/export deficit with China, with an October deadline set for tangible results.
The European Union introduced a €3 customs charge on small parcels and low-value e-commerce imports effective July 1, 2026, ending the tax-free exemption for purchases from platforms like SHEIN, Temu, and AliExpress. The European Commission says the measure aims to prevent the 'desertification' of European high streets and address unfair competition from Chinese online retailers.
The U.S. Trade Representative has initiated a formal trade investigation into Germany's plan to reduce spending on pharmaceutical products, examining whether the pricing policies are unreasonable or discriminatory. The probe could result in retaliatory tariffs on German goods.
Chinese Vice Premier Zhang Guoqing will participate in a rare video conference hosted by French President Emmanuel Macron with G7 countries on Thursday to discuss global trade imbalances and low-priced Chinese exports, as Germany signals potential tougher trade measures.
A U.S. Customs and Border Protection official is set to testify in federal court about the government's plans for refunding billions of dollars in tariffs that the Supreme Court ruled President Trump imposed illegally, as the White House attempts to limit who qualifies for refunds.
The Trump administration is seeking to raise regional content requirements for North American-built vehicles to 82% to qualify for preferential treatment under the U.S.-Mexico-Canada Agreement, with half of that value required to be produced in the United States. The proposal comes amid broader tariff actions affecting the auto industry.
Asia-Pacific trade envoys gathered in Suzhou, China on May 22, 2026 for an APEC trade ministers' meeting focused on multilateral cooperation, trade imbalances, and supply chain resilience. China's International Trade Representative Li Chenggang chaired the opening as the commerce minister was absent due to urgent official business.
President Donald Trump will travel to Beijing this week for a summit with Chinese President Xi Jinping, marking the first visit by a U.S. president to China since 2017. The high-stakes meeting comes amid trade tensions, with China signaling readiness for confrontation while also expressing interest in greater stability in bilateral relations.
Multiple foreign governments are rejecting U.S. findings that they aren't adequately addressing forced labor in their supply chains, while 22 Democratic state attorneys general oppose the Trump administration's proposed tariffs of up to 12.5% on 59 countries based on forced labor concerns.
Colombia responded to Ecuador's tariff hike by imposing a 100% import tax on Ecuadorian goods, escalating a trade dispute amid cross-border tensions over illicit drugs and the fate of politician Jorge Glas.
President Trump announced immediate 50% tariffs with no exemptions on imports from countries supplying military weapons to Iran, adding a new trade dimension to the Middle East conflict. The legal authority for such tariffs remains unclear.
The White House is negotiating new drug-pricing agreements with smaller biotechnology companies facing the threat of 100% tariffs on imported medicines, according to multiple sources with knowledge of the meetings.
President Trump signed an executive order imposing up to 100% tariffs on certain branded pharmaceutical imports unless drugmakers negotiate pricing agreements with his administration, marking a major escalation in his drug pricing strategy.
President Trump announced 100% tariffs on brand-name pharmaceutical imports and their active ingredients as part of efforts to bring drug manufacturing to the U.S. The administration is negotiating pricing deals with smaller drugmakers, with numerous carveouts expected.
President Donald Trump announced that imported generic drugs will face no tariffs for two years starting August 1, 2026, after which tariffs will rise to 100% in August 2028 and 200% from 2029 onward. The policy aims to encourage domestic pharmaceutical manufacturing but raises concerns about future drug price increases for consumers.
President Donald Trump has signed multiple executive orders threatening to impose tariffs on countries that continue to trade with Iran or provide oil to Cuba, escalating economic pressure on both nations and potentially affecting major trading partners like Mexico.
