U.S. Supreme Court frosty on Trump's tariff power
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Many of the president’s tariffs rest on the legal claim that the gap between what America imports and exports is a national emergency, an idea that remains contentious.
As trade wars, sanctions, and changing geopolitical dynamics drive nations to reconsider their dependence on the dollar, signs of stress are becoming apparent. For investors, the destiny of the dollar is of great significance — it influences global capital flows,
Donald Trump's sweeping and volatile tariffs have left businesses in uncertainty, roiled global markets, upended U.S. relations with trading partners, and pushed up the prices of consumer goods. But on Wednesday, a federal court ruled that Trump didn’t ...
NPR's Ayesha Rascoe talks with economist Mary Lovely of the Peterson Institute about trade deficits and the role they play in international trade. Both tensions and relations between the U.S. and its two neighbors - Canada and Mexico - are a bit cooler at ...
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results. By Ana Swanson Ana Swanson covers international trade and reported from Washington.
Update as of May 29, 2025: The appeals court has stayed the U.S. Court of International Trade's ruling while it reviews the arguments in the case, including the administration’s request for a longer delay. A day after the court struck down President ...
Our university system has contributed to the economy in numerous ways including offsetting trade deficits in other sectors
SHANGHAI/HONG KONG, Aug 13 (Reuters) - A global markets sell-off spurred by an unwinding of yen-funded carry trades has turned the spotlight on China's yuan, which is also used widely as a cheap funding currency. While August has seen the yuan rise sharply ...