Tariffs

MTI cites US$27 billion trade deficit following latest trade probe to revive tariffs

The administration is planning another investigation related to a ban on imports made with forced labour

The lawsuit, filed by a Costco shopper in federal court in Illinois, seeks a declaration that the company must return to customers any refunds it receives for tariffs

Costco customers sue for share of refunds from Trump tariffs

The Supreme Court ruled on Feb 20 that Trump overstepped his authority when imposing tariffs

The government will not pay refunds to the final commercial customer or individual consumer, though many bore costs from passed-along tariffs.

With Trump’s tariffs overturned, who gets refunds?

Importers pay tariffs when their goods enter the country

the Customs and Border Protection agency has been ordered to give its initial ideas for a refund plan that would avoid thousands of individual lawsuits.

Trump’s tariff refunds may total up to US$182 billion, estimates find

After the Supreme Court ruling, the Trump administration imposed a temporary 10 per cent global tariff

US officials have not yet committed to returning all of the billions of US dollars in duties that importers already paid or how a refund process should work.

US to pay interest if ordered to refund importers over tariffs

The interest question has not been central to the legal wrangling, but underscores the massive financial stakes

Deputy Prime Minister Gan Kim Yong says that even in the difficult environment now, there remain “good opportunities for Singapore as a trusted, knowledge-driven and connected hub”.

Singapore to reassess growth, inflation forecasts if necessary: DPM Gan

City-state faces an ‘unpredictable and uncertain’ global trading environment, says the deputy prime minister

The pledges are part of the Trump administration’s 2026 Trade Policy Agenda, issued over a week after the Supreme Court struck down President Donald Trump’s tariffs.

USTR to seek more foreign tariff cuts, USMCA improvements, China balance in 2026

[WASHINGTON] The US Trade Representative’s office said on Monday it will seek further reductions in foreign tariffs and non-tariff barriers this year, enforce its “reciprocal” trade deals and consider...

US President Trump signalled the administration might contest refunds shortly after the Supreme Court announced its decision, telling reporters “I guess it has to get litigated.”

Trump administration seeks delay in tariff refund fight

Importers have paid about US$170 billion in contested duties by the time of the Supreme Court ruling

The US Supreme Court had earlier struck down the sweeping tariffs imposed by President Donald Trump in 2025.
NEWS ANALYSIS

Beyond the numbers: Will China and India capitalise on US tariff twist?

Chinese goods remain subject to levies under Section 301 of the US’ 1974 Trade Act