The Administration has filed an appeal after it was dealt a major blow that would invalidate most of its global tariffs.

Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.

A U.S. trade court on Wednesday blocked President Donald Trump from using an emergency powers law to impose tariffs on imports from Mexico.

The post Tariff Legal Battle Plays Out appeared first on Reason.com.

Finally, we discussed the FTC dropping its price discrimination case against PepsiCo.

Secretary of the Economy of Mexico Marcelo Ebrard announced a 15% average tariff on cars assembled in Mexico and exported to the U.S. This move comes as a relief measure following the recent 25% U.S.

MEXICO CITY (Reuters) -Mexican Economy Minister Marcelo Ebrard said on Tuesday that cars assembled in Mexico and exported to the United States will face an average tariff of 15%, not 25%, citing additional discounts that local products benefit from.

President Donald Trump said on Friday that he is doubling his steel tariff on steel to 50 percent, from 25 percent currently, to prevent billions of dollars worth of foreign steel from continuing to enter the United States.

Vehicles made in Mexico and sent to the US will pay a 15% tax rather than the original 25% previously expected.

A sweeping trade court ruling puts the executive in his proper constitutional place.

A court halted President Trump’s sweeping 10% levies, setting his trade war and battle with the legal system on a collision course. Markets, firms and negotiators just getting to grips with upended global norms now face a newly unpredictable range of outcomes,

Trump announces new steel and aluminium tariffs in blow to global markets - The US president revealed that tariffs would rise from 25 to 50 per cent