Tariffs
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
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
US to adopt 25% car levy soon unless EU clears trade deal
President Donald Trump is accusing the bloc of taking too long to ratify the agreement
Lynas CEO says US, Europe rules sway buyers from Chinese rare earths
She called for governments to intervene in order to encourage a rare earths industry to flourish outside China
US industries, trade groups split over Trump’s tariff probe on excess factory capacity
China is the main source of excess steel capacity, producing more than India, America, Japan and Russia combined
Risks are ‘clearly to the downside’ for Asia after a strong start to the year: IMF Asia-Pacific director
The region relies heavily on energy imports from the Middle East, which have been affected by the Iran conflict
Trump’s tariffs raised US consumers’ prices, but the refunds go only to businesses
When the government applies taxes to foreign goods, it charges the firms and brokers that bring those items into the country
Hyundai accelerates US output to lighten profit hit from tariffs
The CEO has been pushing the premium Genesis brand, hybrids and sport utility vehicles to capture higher-margin sales
Most tariff refunds facing denial if importers don’t opt in
The agency has previously said that it will reject non-electronic refund requests
Bessent says Trump’s tariff rates could be restored by July
PRESIDENT Donald Trump’s tariffs may be restored by July to the levels in place before the Supreme Court struck down many of his levies, Treasury Secretary Scott Bessent said.
