President Trump on Monday pledged to impose additional 5 percent tariffs on Mexico if the country does not soon provide water he says is owed to the U.S. under a decades-old treaty.
December 9, 2025
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World Trade Online
President Trump on Monday said he would approve the sale of Nvidia’s advanced H200 chips to China and others “under conditions that allow for continued strong National Security,” with 25 percent of the revenues to be “paid to the United States of America.”
A compromise version of the fiscal year 2026 National Defense Authorization Act includes restrictions on U.S. investment in strategic Chinese technology sectors that lawmakers have for years been seeking to secure.
The U.S. government will dole out $12 billion to farmers harmed by the Biden administration’s trade policies, President Trump and top officials said on Monday.
U.S. tech industry representatives, labor advocates and other stakeholders on Friday rounded out a packed, three-day hearing held by the Office of the U.S. Trade Representative to inform an upcoming review of the U.S.-Mexico-Canada Agreement, addressing a host of potential updates to reflect new concerns in areas like artificial intelligence.
The White House aims to reduce the influence of countries in the Western Hemisphere that disadvantage the U.S., using a mix of economic pressure and diplomacy to convince others in the region that the U.S. should be the partner of first choice and that its goods and services are superior to the competition’s, according to the Trump administration’s new National Security Strategy.
Tariffs at the Supreme Court
The Trump administration will be ready to replace its International Emergency Economic Powers Act tariffs “right away” if the Supreme Court declares them illegal, Kevin Hassett, director of the White House National Economic Council, said Friday, on the heels of Treasury Secretary Scott Bessent’s claim that officials will be able to “recreate the exact tariff structure” through other laws if needed.