Articles Tagged with ''reciprocal tariffs''

The House is now out of session until September. But Ag Committee Chair Glenn “GT” Thompson says committee staff will be working through August on the next iteration of the farm bill. He says the legislation will be a “high priority” for the panel.

Commerce Secretary Howard Lutnick says that most countries will pay the higher duties President Donald Trump has outlined in recent letters to global leaders, even as trade discussions continue.

President Donald Trump and his top economic official are now eying Aug. 1 as the new deadline for when reciprocal tariffs will snap back into place on some U.S. trading partners.

With President Donald Trump’s 90-day pause on many country-specific reciprocal tariffs set to expire in less than three weeks, some on Capitol Hill are getting anxious over the pace of negotiations. “The sooner people can have stability, the better," said one GOP senator.

Foreign governments are touting the benefits of international trade and investment for U.S. businesses and communities as they try to get relief from President Donald Trump's sweeping new tariffs.

Around halfway through the reciprocal tariff pause, the administration has announced just a single deal with the United Kingdom. Comments from administration officials suggest a scaling back of negotiating ambitions.

Lawyers for a group of businesses challenging the president's reciprocal tariffs at the Court of International Trade argued on Tuesday that the administration’s tariff pause undermines its economic emergency declaration.

Democrats and GOP opponents of new U.S. tariffs are vowing to force more votes on the administration’s trade policy and see multiple avenues for new action.

A Senate resolution challenging the economic emergency declaration underpinning President Donald Trump’s reciprocal tariffs failed on Wednesday evening in a tight vote.

The four cases challenging Trump's tariffs may have merits and could inspire additional cases, lawyers say, but those hoping the courts will provide swift relief from the duties will likely be disappointed.