ºÚÁϳԹÏÍø

President Joe Biden said May 10 he and his advisers are weighing whether to cut U.S. tariffs on foreign imports to try to fight inflation.

The European Union agreed to avoid escalating its dispute with the U.S. over metal tariffs, sparing iconic products such as bourbon whiskey and Harley-Davidson motorbikes from a doubling of EU duties next month.

Minnesota transportation and logistics company C.H. Robinson says it has identified almost $1 billion in potential refunds of tariffs its American clients paid on Chinese imports.

President-elect Joe Biden isn’t likely to quickly unwind the tariffs President Donald Trump has imposed on Chinese imports, said Delaware Senator Chris Coons, a close ally of the incoming leader.

A World Trade Organization panel ruled Sept. 15 that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO’s ability to hand down a final, binding verdict.

The U.S. Supreme Court left intact President Donald Trump’s 25% tariffs on imported steel products, rejecting an industry trade group challenge that sought to strip the president of a powerful legal tool for imposing duties.

U.S. Treasury Secretary Steven Mnuchin dangled the prospect of retaliatory tariffs on automobile imports if an issue with France's technology companies tax isn't resolved.

Existing tariffs on billions of dollars of Chinese goods coming into the U.S. are likely to stay in place until after the presidential election Nov. 3, and any move to reduce them will hinge on Beijing’s compliance with the terms of a phase-one trade accord, people familiar with the matter said.

U.S. import container volumes are expected to show a nearly 1% drop when the final numbers for 2019 are in, the National Retail Federation and Hackett Associates said.

Even as the Trump administration is set to sign phase one of the trade agreement with China, consumers and American businesses continue to feel the impact of the U.S.-China trade war.