Explore

ReutersReuters
US trade chief Greer says 'Milwaukee Framework' to combat global excess steel capacity

US trade chief Greer says 'Milwaukee Framework' to combat global excess steel capacity

By David Lawder MILWAUKEE, Sept 30 (Reuters) - US Trade Representative Jamieson Greer said on Wednesday that a framework for coordinated action to combat excess steel capacity will be released at a Group of 20 trade ministers meeting this week, as countries seek to counter a flood of cheap Chinese
Rapid ReadRapid Read
G20 Trade Ministers Convene in Wisconsin Amidst U.S. Tariff Agenda and WTO Reform Push

G20 Trade Ministers Convene in Wisconsin Amidst U.S. Tariff Agenda and WTO Reform Push

Trade ministers from the G20 nations are meeting in Milwaukee, Wisconsin, facing a challenging environment largely shaped by President Trump's global tariff agenda. Many attending officials, including those from Canada, are re-evaluating and reshaping their trading relationships due to new tariffs, barriers, and uncertainty imposed by the Trump administration's 'America-first' policy. The U.S. is also advocating for changes to the World Trade Organization's (WTO) Most-Favoured Nation (MFN) rules, which currently prevent discrimination against member countries by requiring equal tariff rates across the board. U.S. Trade Representative Jamieson Greer argues that the MFN principle was designed for a world where countries broadly adhered to similar rules, and that some nations now benefit from WTO access while engaging in state-led industrial policies or non-market practices. This stance is causing concern among some trade experts, who warn that softening MFN rules could lead to greater global trade unpredicta...
AP NewsAP News
From motorcycles to booze, US ban on $1 billion worth of Canadian imports goes into effect

From motorcycles to booze, US ban on $1 billion worth of Canadian imports goes into effect

U.S.-Canada relations, already tense, are likely to deteriorate further after the United States went ahead early Tuesday with a decision to ban nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles
Rapid ReadRapid Read
U.S. Court of International Trade to Hear Challenge Against President Trump's Global Tariffs on Forced Labor Grounds

U.S. Court of International Trade to Hear Challenge Against President Trump's Global Tariffs on Forced Labor Grounds

On September 30, 2026, the U.S. Court of International Trade is scheduled to hear arguments concerning global tariffs implemented by President Trump. These tariffs, ranging from 10% to 12.5%, apply to goods from 80 countries, including major trading partners like China, India, and Japan. The administration justified these tariffs by asserting that these nations have failed to adequately police the use of forced labor in their supply chains, which the U.S. trade representative claims harms U.S. companies. This legal challenge marks President Trump's third attempt to impose such widespread tariffs, following two previous instances where similar measures were ruled unlawful, including a landmark Supreme Court decision earlier this year. The current tariffs are based on Section 301 of the Trade Act of 1974, which trade experts and lawyers view as a new guise for previously invalidated tariffs. Additionally, the United States continues to impose a 12.5% tariff on most Colombian exports due to non-compliance wit...
ReutersReuters
US trade court weighs challenge to Trump's forced labor tariffs

US trade court weighs challenge to Trump's forced labor tariffs

By Dietrich Knauth NEW YORK, Sept 30 (Reuters) - The US Court of International Trade is hearing a challenge on Wednesday to President Donald Trump's tariffs on goods from 60 trading partners he accuses of failing to prevent imports made with forced labor, a policy opponents say revives the unchecked
AP NewsAP News
Asian stocks mostly fall after Wall Street losses and oil prices rise

Asian stocks mostly fall after Wall Street losses and oil prices rise

Asian shares have mostly declined following Wall Street losses, and U.S. Treasury yields steadied after reaching their highest in roughly two decades
AP NewsAP News
US futures edge higher, oil prices dip and bond yields hover near record highs

US futures edge higher, oil prices dip and bond yields hover near record highs

U.S. futures ticked higher as oil prices retreated modestly and U.S. Treasury yields paused their run-up after reaching the highest level in roughly two decades
ReutersReuters
China, US pledge tariff cuts on $60 billion of goods including agriculture, toys, toasters

China, US pledge tariff cuts on $60 billion of goods including agriculture, toys, toasters

By Liz Lee BEIJING, Sept 28 (Reuters) - China and the United States said they will pursue tariff cuts on $60 billion worth of goods imported from each other, including products from US corn to cosmetics, and from Chinese toys to household appliances, with some notable omissions on each side.
ReutersReuters
US trade court to weigh challenge to Trump's forced labor tariffs

US trade court to weigh challenge to Trump's forced labor tariffs

By Dietrich Knauth NEW YORK, Sept 30 (Reuters) - The US Court of International Trade will hear a challenge on Wednesday to President Donald Trump's tariffs on goods from 60 trading partners he accuses of failing to prevent imports made with forced labor, a policy opponents say revives the unchecked
AP NewsAP News
The Latest: Trump administration lowers fuel economy standards

The Latest: Trump administration lowers fuel economy standards

The Trump administration has released new fuel economy standards that relax regulatory requirements for automakers to control pollution from gasoline-powered cars and light trucks
AP NewsAP News
Trump announcing a new Iowa steel plant that the White House says will be the nation's biggest

Trump announcing a new Iowa steel plant that the White House says will be the nation's biggest

President Donald Trump is announcing a new $15 billion steel plant in Iowa being built with backing from an Indian conglomerate
ReutersReuters
China says to cut tariffs on US farm goods, but soybeans excluded

China says to cut tariffs on US farm goods, but soybeans excluded

BEIJING, Sept 28 (Reuters) - China is set to cut tariffs on a broad range of US agricultural goods, from corn and wheat to meat and dairy, but top import item soybeans were excluded from a tariff-reduction list its commerce ministry issued on Monday.