BRICS Denounces Trump Tariffs, Condemns Iran Strikes at 2025 Rio Summit
At the 2025 Rio Summit, BRICS leaders condemned President Trump's tariff measures and military strikes on Iran, calling for a multipolar world and global governance reforms amid growing trade and geopolitical tensions.
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Trump Set to Send Tariff Ultimatums as July 9 Deadline Looms
In a bold trade action Trump Set to Send Tariff Ultimatums as July 9 Deadline Looms. In a dramatic shift poised to redefine U.S. trade relations, President Donald Trump has announced that his administration will issue unilateral tariff letters to key U.S. trading partners within the next two weeks. The move comes as the July 9 tariff deadline looms, ending a 90-day pause that was instituted following global market chaos in April.
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US Appeals Court Lets Trump’s ‘Liberation Day’ Tariffs Stand – For Now
Trump’s tariffs survive first legal hurdle as US Appeals Court Lets Trump’s ‘Liberation Day’ Tariffs Stand – For Now. In a significant win for President Donald Trump’s economic agenda, the U.S. Court of Appeals for the Federal Circuit ruled Tuesday that his sweeping “Liberation Day” tariffs can remain in place at least temporarily while legal challenges are reviewed. This decision marks a critical development in the ongoing battle over Trump’s use of emergency powers to reshape American trade policy, particularly with nations like China, Canada, and Mexico.
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Trump’s Tariff Hikes and Social Media Blasts Disrupt Global Trade Talks
Amid trade tensions, Trump's Tariff Hikes and Social Media Blasts Disrupt Global Trade Talks. In a week marked by economic turbulence and diplomatic unease, U.S. President Donald Trump has once again upended global trade talks this time by combining sharp tariff hikes with a stream of provocative late-night social media posts. The Trump administration's decision to double tariffs on imported steel and aluminum, along with escalating rhetoric aimed at Chinese President Xi Jinping, is sending shockwaves through ongoing negotiations with both China and the European Union.
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Lee Jae-myung Wins South Korean Presidency in Historic Snap Election
South Korea reclaims its democracy as Lee Jae-myung Wins South Korean Presidency in Historic Snap Election. In a momentous turn of events, Lee Jae-myung has been elected as the new President of South Korea following a high-stakes snap election triggered by the impeachment of former president Yoon Suk Yeol. With nearly 80% voter turnout the highest in nearly three decades South Koreans sent a powerful message: a rejection of authoritarianism and a firm embrace of democratic values.
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Tariff Storm Looms as Trump’s 90-Day Pause Nears Expiration
Despite a recent legal setback in the U.S. Court of International Trade, Tariff Storm Looms as Trump’s 90-Day Pause Nears Expiration. As the 90-day suspension on Trump’s aggressive global tariffs inches toward its early July expiration, global markets and U.S. trading partners are bracing for impact. Despite a legal setback in the U.S. Court, the White House has signaled no intention of backing down, instead doubling down on its commitment to reshape the global trade landscape through tariffs.
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Trump Considers Temporary 15% Tariffs Amid Legal Battle Over Trade Authority
In a new development Trump Considers Temporary 15% Tariffs Amid Legal Battle Over Trade Authority. The Trump administration is weighing a bold move to impose temporary tariffs of up to 15% on foreign goods by invoking a rarely-used section of the Trade Act of 1974. This development comes as the president faces significant legal challenges over his authority to impose broad tariffs without Congress’s approval. The proposed tariffs could serve as a temporary measure while the administration navigates ongoing court battles and diplomatic negotiations.
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Renewed US-China Trade War: Trump Accuses China of Breaking Tariff Truce
Raising concerns about Renewed US-China Trade War: Trump Accuses China of Breaking Tariff Truce. The long-standing trade war between the United States and China has taken a sharp turn, as former President Donald Trump accuses China of violating the recent tariff agreement. This renewed dispute threatens to unravel the tentative truce brokered earlier this month, raising concerns about escalating trade tensions between the world’s two largest economies.
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Trump Administration Eyes 15% Global Tariffs for 150 Days Amid Legal Setbacks
In a new strategy Trump Administration Eyes 15% Global Tariffs for 150 Days Amid Legal Setbacks. The Trump administration is weighing a new strategy to sustain its aggressive tariff agenda after a recent legal defeat. Following a court decision that declared President Donald Trump overstepped his authority by imposing broad tariffs under emergency economic powers, the administration is now exploring a rarely used trade law provision that allows for short-term duties.
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US Court Blocks Trump’s Sweeping Import Tariffs in Landmark Ruling
In a significant legal development, US Court Blocks Trump’s Sweeping Import Tariffs in Landmark Ruling. The US Court of International Trade in Manhattan has halted the majority of President Donald Trump’s sweeping import tariffs, known as the “Liberation Day” tariffs. The court ruled that the President exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing broad tariffs on countries with large trade surpluses against the United States.
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