One day after the U.S. Court of International Trade found all of the Trump administration's tariffs under the International Emergency Economic Powers Act (IEEPA) to be illegal, a second court issued a ruling that had the same effect but went even further in its reasoning, finding that

In two parallel cases brought by a group of small businesses and by several U.S. states, a three-judge panel of the U.S. Court of International Trade (CIT) ruled yesterday that all of the Trump administration's tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are

In a recent development, the U.S. Department of Commerce rescinded the Biden-era AI Diffusion Rule, and announced new guidance to tighten chip-related export controls related to China.

As part of the trade war with China, the Trump administration has raised tariffs on products that Chinese companies had been selling direct to consumers tariff-free through the "de minimis exemption." Through the deal reached earlier this week, those duties have been brought down a bit, but remain

Surprising many people who were skeptical that the tariffs could come down so much in such a short time, China and the U.S. have reached an agreement to suspend most of the tariffs and other trade restrictions in effect between them arising from Trump's "reciprocal tariffs&

During a U.S. House Financial Services Committee hearing yesterday, at which Treasury Secretary Scott Bessent was testifying, Rep. Andy Barr (R-KY) raised the issue of legislation on Chinese outbound investment restrictions, and discussed with Bessent how Congress and the administration could work together on this.

In an interview yesterday with Fox News, U.S. Trade Representative Jamieson Greer pushed back on the idea that President Trump's trade agenda was all about China, and instead emphasized the administration's broader concerns with trade deficits and U.S. manufacturing.