A new 10% global tariff rate took effect today, introduced by the administration after the US Supreme Court struck down its previous, broader tariff policies. The President is expected to further discuss the reasoning behind this new tariff push in the upcoming State of the Union address. According to a chief economist from a major […]
When plans were announced to raise the nation’s tariff rates to levels not seen in nearly a century, the response from most corporate leaders was silence. Fearing that opposing the president’s signature economic policy could prove more costly than the policies themselves, multinational corporations with billions in revenue at stake chose to stand still. But […]
Trading partners across Asia began grappling with a fresh wave of uncertainty after the US administration announced a new import tariff, just hours after a Supreme Court ruling struck down many of the sweeping levies that had sparked a global trade war. The court’s decision invalidated a range of tariffs previously imposed on major Asian […]
