Tag: #tariffs

Trump Revises U.S. Tariffs on Steel, Aluminum and Copper; Changes Take Effect June 8, 2026

Trump issued a proclamation refining Section 232 tariffs on steel, aluminum and copper — lowering domestic-content thresholds and adjusting rates; changes take effect June 8, 2026.

#trade, #tariffs, #metals, #section232

Court Rules Trump’s 10% Tariff Exceeded Statutory Authority, Limits Relief to Plaintiffs

May 7 court ruling finds President Trump exceeded Section 122 authority for a 10% tariff, but injunction and refunds apply only to the plaintiffs who sued.

#trade, #tariffs, #judiciary, #tradepolicy

Toyota posts higher sales and revenue in FY2026, but operating profit falls after U.S. tariffs cut ¥1.4 trillion

Toyota sold 9.595 million vehicles in FY2026 and revenue rose to ¥50.685 trillion, but operating profit fell after U.S. tariffs cut about ¥1.4 trillion.

$TM, #toyota, #earnings, #tariffs, #automotive

Trade Court Rules Trump's Section 122 Tariff Proclamation Unlawful for Washington and Two Importers

A federal trade court found Trump's Feb. tariff proclamation exceeded Section 122, barring duties for Washington and two importers but not issuing a nationwide injunction.

#trade, #tariffs, #courts, #donaldtrump

Nike’s sales held steady this winter, but profits fell 35% as tariffs and China weakness squeezed margins

Nike posted flat quarterly revenue but a 35% profit drop, citing higher tariffs, weaker China demand and a shift back toward wholesale sales.

#nike, #earnings, #tariffs, #china, #retail

U.S. launches 60 trade probes that could pave way for forced-labor tariffs on nearly all imports

USTR opens 60 Section 301 investigations into trading partners’ forced-labor import bans, potentially enabling broad new tariffs after a court setback.

#trade, #tariffs, #forcedlabor, #ustr, #supplychains

U.S., China keep talks alive in Paris as Trump’s 15% global tariff tests fragile truce

Treasury Secretary Scott Bessent and China’s He Lifeng left OECD talks with a “work plan” for a Trump–Xi summit—but no deal as tariffs and Iran war loom.

#uschina, #tariffs, #trade, #oecd, #supremecourt

U.S. launches sweeping Section 301 probes into global ‘excess capacity,’ widening tariff threat beyond China

USTR opened Section 301 investigations into 16 economies over alleged state-driven overcapacity in steel, autos, batteries and solar, reviving tariff fights.

#trade, #tariffs, #manufacturing, #section301, #ustr