Trump 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

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

The view of many economists today is that if a crisis is going to strike, it is likely to be triggered in the US.

Imbalances are back on the global agenda

Policymakers must overcome the mercantilist fallacy that the way to get rich is by running surpluses forever

European Union lawmakers are now negotiating with capitals over final amendments to the trade agreement, including a potential expiry date.

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

Trump has already imposed 50% tariffs on global steel imports under a separate, national security statute.

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

Asean is now viewed by the survey’s respondents as the most credible platform for upholding the rules-based order.
NEW GLOBAL ORDER

Asean’s test in a fragmented global economy

South-east Asia’s resilience will depend on greater economic integration within the region and continued strategic engagement with external partners

Trump’s tariffs have also threatened to cut into families’ finances.

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

Importers are awaiting their Ieepa refunds even as a fresh legal battle has emerged over a new set of 10% global tariffs Trump issued under a different law after his Supreme Court loss.

Most tariff refunds facing denial if importers don’t opt in

The agency has previously said that it will reject non-electronic refund requests

The latest lawsuits did not challenge other Trump tariffs made under more traditional legal authority, such as recent levies on steel, aluminium and copper imports.

US trade court challenges Trump’s basis for 10% global tariffs

The US president has made tariffs a central pillar of his second-term foreign policy

Refund declarations will be limited to the official importer-of-record or their customs broker, and the filer must already have an account set up with CBP’s Automated Commercial Environment.

Tariff refund tool will go live on April 20, US customs says

CBP has been providing updates to the court on the Cape process, seeking to detail how it will handle that challenge