Trump cuts China tariffs
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Jennifer Hillman So the first thing that he could do is to use a statute called Section 122, which says that if the president declares that the United States is experiencing a major balance of payments problem, he then has the right to impose a 15 per cent tariff on all goods from all countries for a period up to 150 days.
The Senate again voted to end President Donald Trump's emergency powers for Canadian tariffs, despite Vice President JD Vance warning Republicans against breaking with the White House.
The Senate is passing legislation that would nullify U.S. tariffs on Canada. It is happening just as President Donald Trump is engaged in trade talks in Asia as well as an increasingly bitter trade spat with U.
The Fed's monetary-policy makers are working to figure out the economic impact of the Trump administration's tariffs, and a key factor on that front is the size of the import taxes levied on Chinese products.
The Bank of Japan left its policy rate steady again, waiting for clarity on the impact of tariffs and a political leadership change in Tokyo.
South Korea announced they’ve reached an agreement on details of the trade deal with the U.S., following the bilateral meeting between President Lee and President Trump.
The Tokyo Mobility Show is showcasing futuristic transport, including robotic chairs and helicopter-like aircraft.