Tariffs

US eases some tariffs on Taiwan to formalise trade agreement

Washington is also modifying sectoral levies on Taiwanese auto parts, timber, lumber and wood derivative products

US President Trump signs an executive order implementing new tariffs against US trading partners on Apr 2, 2025.

Lawsuit risk, president’s scorn: Why US companies are tiptoeing into the Trump tariff-refund race

COMPANIES in the US are wary of saying too much about one particular nugget of good news for their bottom line and inflation.

The Commerce Ministry in Beijing has confirmed that the Board of Trade will seek to cut tariffs on at least US$30 billion worth of goods.

China signals it will accept some US tariff increase in talks

It is a sign that ties between the world’s two largest economies are further stabilising

Trump says after the Beijing summit that the Boeing purchases may rise to as many as 750 planes
.

China says it will buy 200 Boeing jets, seek extension of US tariff truce

The two sides will seek reciprocal levies cuts on US$30 billion or more of goods each, the Chinese ministry says

Thousands of companies have begun to seek billions of US dollars in refunds from the government following the ruling, but Amazon has not.

Consumers sue Amazon for not refunding Trump tariff costs

The lawsuit asserts claims of unjust enrichment and violation of Washington state’s consumer-protection law

Tariffs imposed by the US since last year have added to difficulties for a sector grappling with a harsher climate and waning demand.

US tariffs weigh on world wine trade in 2025 while consumption slips to new low

In addition to widespread weather losses, production has been curbed by uprooting of vines in response to declining demand

The court filing also says that 1,880 consolidated refunds have not yet been sent to Treasury because the importer had not yet provided bank account information.

Tariff refunds of US$35.5 billion cleared for importers so far

More than 8.3 million of the accepted entries have been reprocessed to remove Ieepa duties

More than 170,000 importers have paid deposits to cover new tariffs since Trump’s proclamation took effect in February, according to the government.

US asks to keep collecting Trump’s 10% global tariffs as it appeals court’s ruling

American customs authorities have collected roughly US$8 billion in Section 122 tariffs in March alone

The Trump administration is already working on its next tariff plan, but those levies are months away from being implemented.

Trump’s latest 10% tariffs found unlawful by US trade court

The decision is the latest setback for the president’s effort to levy taxes without input from Congress

Customs officials have not specified a schedule for rolling out future phases of the refund programme for imports with more complicated circumstances.

Trump tariff refunds start hitting importers’ bank accounts

The refund payments mark a milestone in the fierce legal fight over one of the president’s signature economic policies