Former President Donald Trump’s sweeping tariff strategy suffered a major setback on Friday after the U.S. Court of Appeals for the Federal Circuit ruled that his administration had exceeded its authority in imposing additional import taxes. According to the Associated Press, the ruling specifically targeted tariffs Trump imposed in April on several U.S. trading partners, […]
President Donald Trump has agreed to delay the implementation of a proposed 50% tariff on European Union imports, pushing the deadline from June 1 to July 9, 2025, in response to a direct request from European Commission President Ursula von der Leyen. The announcement, made via Trump’s Truth Social account on Sunday, follows growing tensions […]
President Donald Trump’s tariffs strategy is once again making headlines—and this time, the numbers are coming in. U.S. Customs and Border Protection (CBP) confirmed this week that since April 5, the agency has collected over $500 million under the administration’s newly implemented “reciprocal tariffs.” In total, more than $21 billion has flowed into the U.S. […]
U.S. President Donald Trump has announced plans to impose a 25 per cent tariff on imports from the European Union (EU), claiming the bloc was created to take advantage of the United States. Speaking at a cabinet meeting on Wednesday, Trump confirmed that a decision had been made and would be officially announced “very soon.” […]
