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25% tariffs set on Japan and South Korea, and new import taxes on 12 other nations

Associated Press – President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into effect on Aug. 1. Trump provided …Read More

House Republicans Pass Budget Bill after All-night Session

Associated Press: House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package, with Speaker Mike Johnson defying the skeptics and unifying his ranks to muscle President Donald Trump’s priority bill to approval Thursday. Read more. Read More

US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause.

(Associated Press) – The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. Read more. Read More

Trump hits pause on trade war

Politico- President Donald Trump reversed course in the global trade war he launched just a week ago, announcing in a social media post a 90-day pause on new tariffs against every country but China. As he halted his broader tariff …Read More

25% Tariffs on Imported Cans Likely Apply Only to Aluminum, Not Beverages Inside

While the Brewers Association awaits confirmation from their inquiry to the Department of Commerce, it appears likely, as reported by Politico, that the 25% tariffs apply only to the aluminum content within a package – not the beverage inside. The Brewers …Read More

10% global tariff to go into effect April 5, 2025

A fact sheet shared by the White House indicated that the 10% minimum tariff on all countries will take effect April 5, 2025 at 12:01 a.m. EDT. Steel and aluminum will not be subject to the reciprocal tariffs, nor will …Read More

Trump announces sweeping new tariffs

Associated Press: President Donald Trump declared on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States. Read more… Read More

USTR releases trade barriers report in advance of potential new tariffs on April 2nd

The United States Trade Representative today released a 397-page report today outlining both tariff and non-tariff trade barriers by country. The report is designed to informal “reciprocal tariffs” previously announced by the White House that are potentially set to go …Read More

Continuing Resolution overcomes filibuster with a vote of 62-38, Senate to vote on final passage tonight. The bill is expected to pass, likely averting a government shutdown.

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Senate works to avert partial government shutdown ahead of midnight deadline.

Associated Press: The Senate finds itself in a familiar position, working to avoid a partial government shutdown with just hours to spare Friday. Democrats are confronting two painful options: allowing passage of a bill they believe gives President Donald Trump …Read More

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