tariffs

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Trump Takes Tariff Battle to the Supreme Court

High court asked to decide limits of presidential trade authority

(Newser) - The Trump administration is seeking quick action from the Supreme Court to uphold President Trump's wide-reaching tariffs on foreign imports, following a significant legal setback, the New York Times reports. Last month, a federal appeals court invalidated the administration's most aggressive tariffs, ruling that Trump had overstepped...

Trump Talks Space Command, Chicago, Death Rumors
Trump on Chicago:
'We're Going In'
Sep 2, 2025 3:28 PM CDT

Trump on Chicago: 'We're Going In'

He also spoke about Space Command, death rumors in Oval Office appearance

(Newser) - President Trump, speaking to reporters in the Oval Office for the first time in a week, confirmed Tuesday that US Space Command headquarters will move to a "beautiful locale of a place called Huntsville, Alabama." He said the move from Colorado was partly influenced by Colorado's reliance...

Trump Switches His Favorite President

He's turned from Andrew Jackson to William McKinley

(Newser) - In his first term, President Trump's favorite commander-in-chief, other than himself, was Andrew Jackson, the hatchet-faced, self-made populist who relished turning Washington upside down. Now he's partial to the barrel-chested, unfailingly polite William McKinley, a champion of American expansionism as well as of tariffs, Trump's favorite second-term...

Sheinbaum Celebrates Handling of Trump Tension

'Things are going well, and they're only going to get better,' Mexico's president tells nation

(Newser) - Mexican President Claudia Sheinbaum celebrated her government's handling of its tumultuous relations with the Trump administration, progressive gains, and contentious judicial reforms in her first state of the nation address on Monday. "Things are going well, and they're only going to get better," she promised. Sheinbaum,...

Xi, Putin, and Modi Send Message to US

India cozies up to China, Russia at summit where US policy is rebuked

(Newser) - At a summit in Tianjin, eastern China, on Monday, the leaders of China, Russia, and India offered a carefully choreographed show of unity aimed at the West. Cameras caught Xi Jinping, Vladimir Putin, and Narendra Modi exchanging handshakes and laughter, with Modi at one point linking hands with Xi...

Court Rules Against Trump's Tariffs, but With a Catch

Federal appeals court leaves tariffs in place for now so administration can appeal to Supreme Court

(Newser) - A federal appeals court ruled Friday that President Trump had no legal right to impose sweeping tariffs on almost every country on Earth but left in place for now his effort to build a protectionist wall around the American economy. The ruling from the US Court of Appeals for the...

A Massive Trade Loophole Just Closed

No more tariff, customs exemptions for shipments to the US under $800

(Newser) - More than 1.36 billion packages entered the US under the "de minimis" trade exemption last year, around 4 million a day or 43 per second, but that loophole for shipments worth under $800 has now closed. At 12:01am on Friday, Customs and Border Protection began collecting duties...

Trump's 50% Tariff Hike on India Goes Into Effect

New tariffs of up to 50% threaten Indian exports, put millions of jobs at risk

(Newser) - President Trump's decision to double tariffs on Indian imports to rates as high as 50% took effect on Wednesday, putting a major strain on US-India relations at a time when the two nations have been deepening strategic ties. The move, in part a response to India's continued...

Canada's Move Resets Trade Talks With US

PM Carney drops retaliatory tariffs to match US

(Newser) - Canada is dropping retaliatory tariffs to match US tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday. Carney said Canada will include the carve-out that the US has on Canadian goods under the 2020 free trade deal that shields the vast majority...

Inflation Is Coming for Your Vegetables

Wholesale vegetable prices rose nearly 40% from June to July

(Newser) - Wholesale food prices rose 1.4% from June to July, with one big subsector leading the way: fresh and dry vegetables, which surged 38.9% in that same time period, per the AP . That's the largest month-on-month spike for veggies since March 2022, as well as the biggest increase...

US Announces Another Delay on China Tariffs

Trade truce has been extended for 90 days

(Newser) - President Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world's two biggest economies, the AP reports. Trump posted on his Truth Social platform that he signed the executive order for the extension, and that "...

US Strikes an Unprecedented Deal Over Chip Sales to China

Government allows Nvidia, AMD to sell them—in exchange for a 15% cut

(Newser) - The Trump administration has struck a highly unconventional deal with two tech giants: It will allow them to sell chips to China in exchange for a 15% cut, reports the New York Times .
  • The companies are Nvidia, which will ship an artificial intelligence chip called H20, and Advanced Micro
...

'It's Midnight!' Trump Celebrates His New Tariffs

This time, Dow futures rise as new penalties kick in

(Newser) - President Trump's new tariffs took effect Thursday morning on dozens of countries, and this time the stock market seems unfazed, reports the Wall Street Journal . Dow futures were up about 250 points, or 0.6%, and the benchmark S&P 500 was up by a slightly higher percentage. Global...

Trump Plans 100% Tariff on Imported Computer Chips

Companies investing in US manufacturing would avoid hefty import fees

(Newser) - President Trump on Wednesday announced plans to slap 100% tariffs on imported computer chips—unless tech companies commit to manufacturing in the US—a move that could reshape the global tech industry and send ripple effects through everything from smartphones to automobiles, the Washington Post reports. The policy would...

Trump Expects to Meet Soon With Putin and Zelensky

Other leaders appear not to have officially agreed

(Newser) - President Trump is preparing to meet soon with Russian President Vladimir Putin about the war on Ukraine, administration officials said, picking up on a suggestion made by the Kremlin during the US special envoy's visit there on Wednesday. Trump is open to including Ukrainian President Volodymyr Zelensky in...

Trump Calls Envoy's Meeting With Putin 'Highly Productive'

Witkoff met with Russian president for about 3 hours ahead of Friday deadline

(Newser) - President Trump's special envoy Steve Witkoff on Wednesday made his fifth trip to Russia's capital, where he met with Vladimir Putin ahead of Trump's shortened ceasefire deadline. The White House has said Russia must reach a peace deal with Ukraine by Friday or potentially face severe...

Apple Making Another Hefty Investment in US Manufacturing

Latest round of $100B brings total this year to $600B

(Newser) - President Trump is set to unveil a fresh $100 billion commitment from Apple to bolster US manufacturing, a move expected to bring more of the tech giant's supply chain stateside. The announcement, which is scheduled to be made at a White House event Wednesday attended by Apple CEO...

A 'Not Happy' Trump Imposes Another 25% Tariff on India

Over its Russian oil purchases

(Newser) - President Trump on Wednesday brought more hurt to India in announcing that the US would impose an additional 25% tariff on the country, bringing the new tariff to 50%, over its use of Russian oil. India had on Friday indicated it will continue to buy oil from Russia despite threats...

Ozempic Maker Takes Sales Hit as Rivals, Tariffs Loom

Eli Lilly rivalry hits Europe's top drugmaker hard

(Newser) - Novo Nordisk, the Danish pharma heavyweight behind Ozempic, is feeling the squeeze as its once-booming diabetes drug sales slow. The company's GLP-1 injectables, key players in the diabetes and weight loss boom, saw their sales growth plummet to 8% in the first half of this year—down from...

Swiss Leader Rushes to US for Last-Minute Talks

Trump's 39% tariff could shake country's export-heavy economy

(Newser) - Swiss President Karin Keller-Sutter is making a dash to Washington, hoping to avert a 39% tariff on Swiss goods that's rattled her country's export-heavy economy. The surprise levy, one of the highest globally, was announced by President Trump and threw a wrench into negotiations where Swiss officials...

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