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US told EU it 'stands' by tariff deal: trade chief

US told EU it 'stands' by tariff deal: trade chief

The EU's trade chief said Tuesday his US counterparts had told him Washington stands by a key trade deal with the bloc, following an adverse Supreme Court decision on President Donald Trump's tariffs. After the Supreme Court ruled Friday Trump lacks authority to impose levies under

US stocks tumble on tariff fog, worries over AI

US stocks tumble on tariff fog, worries over AI

Wall Street stocks finished sharply lower on Monday following an ugly session dogged by worries over US tariff uncertainty and the potential hit to legacy companies by artificial intelligence. On Friday, US stocks had taken in stride a Supreme Court ruling blocking many of US President Donald Trump's

Trump's newest tariffs could cost U.S. families $600 or more

(The Center Square) – Consumers and U.S. businesses will continue to pay the bulk of President Donald Trump's tariffs under an untested federal law likely to spark new legal challenges. New analysis suggests the average U.S. household would lose $600 to $800 under the president’s most

European Union puts U.S. trade deal on hold after Supreme Court ruling

(The Center Square) – The European Union on Monday halted plans to finalize a trade deal with the U.S. after the U.S. Supreme Court said the bulk of President Donald Trump's tariffs were illegal. The EU's decision is the most significant fallout yet from the

EU puts US trade deal on ice after Supreme Court ruling

EU puts US trade deal on ice after Supreme Court ruling

European Union lawmakers Monday put a key trade deal with the United States on hold, demanding clarity after a Supreme Court ruling struck down many of President Donald Trump's tariffs. The move came as Trump warned that countries seeking to "play games" with tariffs risked much

Trump hikes US global tariff rate to 15 percent

Trump hikes US global tariff rate to 15 percent

President Donald Trump raised the global duty on imports into the United States to 15 percent on Saturday, doubling down on his promise to maintain his aggressive tariff policy a day after the Supreme Court ruled much of it illegal. Trump said on his Truth Social platform that after a

Trump imposes 10% global tariff after stinging court rebuke

Trump imposes 10% global tariff after stinging court rebuke

President Donald Trump imposed Friday an additional 10 percent tariff on imports into the United States after the Supreme Court struck down many of his sweeping and often arbitrary duties, delivering a stinging rebuke on his signature economic policy. Trump signed the tariff order in the Oval Office -- saying on