The United States is set to begin returning money taken from importers after a Supreme Court decision declared President Trump’s tariffs illegal. The first refunds are expected to arrive around May 11, according to a court filing on Tuesday in the U. S. Court of International Trade. The refunds c
Beijing introduced new trade rules that could make it harder for foreign companies to move their production away from China. The changes were announced just before President Trump’s visit to Shanghai for talks with Xi Jinping. The rules aim to punish firms that reduce their reliance on Chinese supp
When the government opened a new online system to refund certain tariff payments, it immediately turned away thousands of businesses. Within days of the portal’s launch, about 15 percent of claims were denied. More than 75, 000 requests poured in, but only 47, 000 were accepted as valid. That leaves
President Trump promised in 2025 that tariffs would change the U. S. relationship with China, claiming the country was hurting America’s economy. More than a year later, the trade moves have not forced China to alter its policies or military stance. The result is a policy that feels aimless, l
The debate over new U. S. tariffs is heating up again after the Supreme Court stopped President Trump’s emergency duties last year. Companies that import goods from overseas are worried that higher taxes could ruin their operations, while some U. S. manufacturers think the extra costs would level th
The U. S. Treasury Secretary recently shared an upbeat take on the country’s economy, brushing off worries about the Iran conflict. While wars often disrupt markets, he argued that America’s economy could still expand by more than 3% this year. Global watchdogs like the IMF and World Bank, however,
A small electronics plant in southern China spent two years dodging trade wars like a chess player in a blitz match. Agilian Technology didn’t fold under U. S. tariffs meant to sink Chinese factories. Instead, it treated each new levy as a lesson—not a death sentence. Clients wanted the firm to fle
This year, the US and China are still stuck in a trade rivalry that began years ago. While leaders from both sides keep talking, their actions often send mixed signals. In March, both countries opened new investigations into each other’s trade practices. Plans for a high-level meeting between the US
Farm shows across North America this spring told a clear story: farmers are cutting back on big purchases. With prices for machinery, fuel, and fertilizer climbing higher than ever, most are choosing to keep their old equipment a little longer. A dealer in Saskatchewan explained it simply: "They won
A year after big tariffs were introduced, new rules now target drug prices and metals imports. The changes aim to revive duties lost when courts blocked earlier moves. Foreign drugmakers must agree to price cuts and build U. S. plants to avoid steep taxes. If they only move some production, they fac
