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Trade

Tariff Challenge Showdown: Costco Takes Aim at Federal Orders

A growing tariff challenge reached a new level this week after Costco Wholesale Corporation filed a federal lawsuit seeking to block President Trump’s emergency tariff orders and recover duties the company says it was required to pay on imported goods.

Supreme Court Showdown: Treasury Secretary Bessent Defends Trump Tariffs

Treasury Secretary Scott Bessent says the Supreme Court will uphold President Trump’s tariff authority under IEEPA.

Prediction Markets Slash Odds of President Trump’s Tariff Victory at Supreme Court

Prediction markets show only a 24% chance of President Trump prevailing before the Supreme Court in his tariff-authority case.

Barrett and Sotomayor Tag‑Team Trump Lawyer Over Tariff Powers

Justices Barrett and Sotomayor challenged the Trump administration’s use of emergency powers to impose global tariffs.

Senate Republicans Defect, Reject President Trump’s Canadian Tariff Strategy

A bipartisan group of senators voted to block President Trump’s tariffs on Canadian imports, marking a rare GOP break.

Soybeans Grab Spotlight as President Trump and President Xi Meet

As President Trump meets Xi Jinping, U.S. soybean exports face mounting pressure after China reduced purchases.

Senate Republicans Defy Vice President Vance, Vote to Block President Trump’s Brazil Tariffs

Five Republican senators joined Democrats in a Senate vote to block President Donald Trump’s 50% tariffs on Brazilian imports.

Trump Destroys Trade Barriers in Asia Tour

President Trump secured a trade agreement with Malaysia while also brokering a peace deal between Thailand and Cambodia.

Trump Ends Canada Trade Talks Over Reagan Ad Scandal

President Donald Trump ended all trade talks with Canada after revelations that Ontario’s government used the late president Ronald Reagan’s voice in a deceptive commercial criticizing U.S. tariffs — igniting a Reagan ad scandal.

Bessent Warns ‘China Financing War’ as Trump Threatens 100% Tariffs in Escalating Trade Standoff

U.S. Treasury Secretary Scott Bessent issued one of the Trump administration’s sharpest rebukes of Beijing to date, warning Monday that China is financing war and is threatening global stability amid growing U.S.-China trade tensions.

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