TRADE AUTO EMAIL

The latest business coalition to sue over President Trump’s International Emergency Economic Powers Act tariffs is sparring with the Justice Department over whether its case can move forward in Texas or must instead be transferred to the Court of International Trade, testing plaintiff attorneys’ strategy of seeking decisions on the tariffs from as many courts as possible. Both sides in the tariff suit, titled FIREDISC, et al., v. Trump, have lodged a blitz of legal filings with the U.S. District...

Global goods trade is on track to grow by 0.9 percent this year, the World Trade Organization said on Friday, upwardly revising a previous forecast following a “surge” of U.S. imports early this year while warning that new tariffs are likely to dampen trade in the longer term. The WTO announced the revision in an update on its website . The growth outlook is up from a 0.2 percent contraction forecasted in April but remains down from a 2.7 percent...

Editor's note: This story has been updated with a statement from a White House official confirming that tariffs on Japanese goods will be capped at 15 percent. Japanese officials say the Trump administration has agreed to ease new 15 percent tariffs on the country by making them inclusive of most-favored nation rates, rather than adding them on top of those duties -- a significant change for many sectors that they say will come with refunds for any excess payments...

Indian Prime Minister Narendra Modi and Brazilian President Luiz Inácio Lula da Silva on Thursday discussed President Trump’s unilateral imposition of tariffs on their respective countries and how to defend the multilateral system, according to the Brazilian president. “We discussed the international economic situation and the imposition of unilateral tariffs,” Lula said on social media, according to an informal translation. “Brazil and India are, to date, the two most affected countries. We reaffirmed the importance of defending multilateralism and the...

Imports of Chinese tungsten shot, a type of ammunition made from tungsten alloy, have hindered the development of a domestic industry, the U.S. International Trade Commission said this week in a ruling that could have implications for other nascent U.S. critical mineral industries seeking relief from underpriced and subsidized imports. In a 3-0 vote on Wednesday, the ITC affirmed that “the establishment of a U.S. industry is materially retarded by reason of imports of tungsten shot from China," it said...

The Trump administration is facing a sprawling legal fight over its new antidumping and countervailing duties on certain solar-power components from Malaysia, Vietnam, Cambodia and Thailand, as not only countries and producers subject to the remedies but even the U.S. firms that successfully sought them are now suing over the final orders at the Court of International Trade. CIT’s online docket shows 15 pending cases that have been filed since July 24 over the Commerce Department’s final orders on crystalline...

Brazil has filed a request for consultations at the World Trade Organization over tariffs imposed by President Trump, alleging the president's plan to impose 50 percent duties on the country runs afoul of the most-favored nation principle and tariff ceilings agreed to by WTO members. Brazil announced it had made the request in a statement on Wednesday, a day after Brazilian Vice President Geraldo Alckmin told reporters the request was awaiting a final go-ahead from President Luiz Inácio Lula da...

The European Union is poised to delay countermeasures on U.S. tariffs for six months as it continues trade talks with Washington, Brussels said on Monday, touting a framework accord that has provided the bloc with a lower tariff rate than many U.S. trading partners. The EU also noted that it is waiting for the U.S. to follow through on a pledge to cut tariffs on European autos, which face 25 percent tariffs. EU member states last month approved countermeasures on...

U.S. Trade Representative Jamieson Greer said Friday that his office is prioritizing finalizing and implementing already-announced trade deals over continuing negotiations with countries that missed President Trump’s Aug. 1 deadline to avert new, higher tariffs, although they will listen to new proposals from “any country that wants to talk to us.” During an Aug. 1 interview with Bloomberg News , Greer said he was not focused on negotiating with countries that missed the deadline. Rather, he said, USTR is “really...