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President Trump told reporters this week that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters out.
A federal appeals court agreed Tuesday to let the government keep collecting President Donald Trump’s sweeping import taxes.
President Donald Trump on Friday touted a "blockbuster agreement" between U.S. Steel and Japanese company Nippon Steel that he said would keep the iconic U.S. steelmaker in Pittsburgh -- though he previously opposed such a merger and offered few details on the intricacies of the deal.
The Trump administration has said this latest tariff move will help secure the US steel industry and curb foreign countries from flooding the US market with low-cost metals. DW has the latest. US tariffs on most steel and aluminum imports to increase from 25% to 50% Trump said the move is to "further secure the [US] steel industry" British steel is exempt and will remain tariffed at 25%,
The US and China agreed to a framework and implementation plan to ease trade tensions on Tuesday. “We have reached a framework to implement the Geneva consensus,” US Commerce Secretary Howard Lutnick said.
There are dueling narratives as the administration seeks to preserve a set of tariffs recently deemed to be illegal.
President Donald Trump plans to welcome German Chancellor Friedrich Merz to the White House on Thursday for a meeting that is certain to touch upon Trump’s tariffs policy, which has a major impact on German exports.
A court fight over President Donald Trump’s decision to end a US policy that exempted small-value packages from China from tariffs is moving ahead over the administration’s opposition.