The Trump Transition

Trump pledges new 100 percent tariffs on goods from China, export controls on ‘critical software’

The U.S. on Nov. 1 will impose new 100 percent tariffs on goods from China, “over and above” any already in place, President Trump said late on Friday. In a Truth Social post , Trump said “It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they...

U.S. mulling ‘massive’ tariff hikes in response to China’s controls on rare earths

President Trump is no longer planning to meet with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation leaders’ summit later this month, he said on social media, threatening “massive increases” to tariffs on China and other countermeasures in response to new export controls China has placed on strategic minerals and related products. Beijing on Thursday issued several new exports controls that included extraterritorial measures aimed at subjecting products that contain minimal Chinese-mined or processed materials to...

Federal Reserve governor: Rise in inflation linked to ‘sharp increase’ in tariffs

A “sharp increase” in tariffs – with more on the way – has exacerbated a rise in inflation and could lead to a longer-term upward trajectory as frontloaded inventories wane and companies begin to pass along higher costs to consumers, Federal Reserve Board Governor Michael Barr said on Thursday, arguing the board should be cautious in its next steps as it weighs new data, and new tariffs. President Trump has imposed a slew of tariffs on countries broadly as well...

Consumer group touts June Supreme Court decision to boost tariff challenge

A consumer-rights group is arguing that a Supreme Court decision handed down in June undercuts President Trump’s claim that the International Emergency Economic Powers Act gives him sweeping tariff authority, escalating a long-simmering fight that has previously focused on how lower courts should interpret that ruling into a push for the justices to explicitly say what it means for tariffs. Consumer Watchdog, a nonprofit consumer-protection organization, filed an amicus brief in the Supreme Court litigation over Trump’s IEEPA tariffs on...

Trump to talk soybeans with Xi at APEC as U.S. weighs farm relief

President Trump will press Chinese President Xi Jinping on the collapse of his country’s purchases of U.S. soybeans during next month’s Asia-Pacific Economic Cooperation leaders’ summit, he said on Thursday, while Agriculture Secretary Brooke Rollins renewed recent vows to deliver relief payments for farmers hit by trade retaliation -- though she signaled that the program has been stalled by the government shutdown. “He's got things that he wants to discuss with me, and I have things that I want to...

Citing China, a North Carolina Democrat calls for relief for tobacco growers

A sharp decline in U.S. tobacco exports to China has left American producers in need of aid payments, according to House Agriculture Committee member Don Davis (D-NC). President Trump and members of his administration have repeatedly said they are crafting an aid package for agricultural producers, particularly soybean farmers, harmed by trade retaliation and facing other economic headwinds. The announcement of the plan, which had been expected on Tuesday, reportedly has been delayed due to the government shutdown. In an...

House Democrats urge repair of U.S.-India relations, including tariffs

House Democrats who represent large Indian-American communities are urging President Trump to repair ties with India – beginning with a review of steep tariffs. Trump has imposed 50 percent tariffs on Indian goods as the two countries continue negotiations on a trade deal. An initial 25 percent rate was raised to 50 percent in response to India’s continued purchases of Russian oil, according to the president, who last month rekindled trade talks after speaking with Indian Prime Minster Narendra Modi...

Senators float new resolution to end worldwide ‘emergency’ tariffs

Seven senators, led by Finance Committee ranking member Ron Wyden (D-OR), have introduced a fresh resolution to repeal the emergency declaration President Trump has used as his legal basis to impose tariffs on nearly all U.S. trading partners after lawmakers deadlocked on a previous attempt when two supporters were unable to vote. According to Congress’s online legislative database, Wyden on Tuesday introduced S.J. Res 88 , “terminating the national emergency declared to impose global tariffs.” Wyden in April proposed a...

Barloon wins Senate confirmation for WTO ambassador

The Senate has confirmed Joseph Barloon’s nomination to serve as U.S. envoy to the World Trade Organization, setting the stage for the U.S. to participate more fully in the institution -- and answer growing questions over how the WTO figures into Trump’s overall trade policy. Barloon was one of 108 nominees that the Senate approved on Oct. 7 in a single 51-47 party-line vote, through a streamlined confirmation procedure that the GOP majority adopted last month to blunt Democrats’ use...

LeBlanc: U.S., Canada eye deal targeting steel and aluminum tariffs, energy

President Trump and Canadian Prime Minister Mark Carney directed their teams to move forward on what would be a relatively narrow trade deal focused on resolving U.S. steel and aluminum tariffs as well as concerns around energy during closed-door talks at the White House on Tuesday, according to Dominic LeBlanc, Canada’s lead minister for trade talks with the U.S. Speaking to reporters after the Oct. 7 meetings , LeBlanc said the talks “concluded with the president and the prime minister...

1
2
3
4
5
6
7
8
9
…
next
last

Not a subscriber?

Log in to access this content.