Trump, tariff
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President Donald Trump’s trade deals are illegal, Piper Sandler flatly declares in a new research note. The investment bank analyzed ongoing court battles and legislative authority, and concluded that Trump’s reliance on the International Emergency Economic Powers Act (IEEPA) to impose wide-ranging tariffs and cut bilateral deals far exceeds the powers granted by Congress.
Trump and Ursula von der Leyen, a top EU top official, are set to meet Sunday during president’s golf trip.
Donald Trump praised Australia’s decision to lift import curbs on US beef amid trade negotiations between the two allies, after the US president had highlighted Canberra’s biosecurity measures as an unfair impediment to trade.
President Donald Trump has begun announcing a suite of new bilateral trade agreements. The details of the deals — and who, if anyone, stands to benefit — remain largely unknown. On Tuesday, Trump heralded three new agreements with Indonesia,
The U.S. and Japan have reached a trade agreement under which the longtime U.S. will face a 15% tariff—down from a previously threatened 25%—President Donald Trump announced on Tuesday, as Japan’s Prime Minister hailed the move as a “new golden era” in the relationship between the two countries.