President Donald Trump posted over the weekend that he's prepared to levy new sanctions against Moscow if U.S. allies stop purchasing Russian oil and potentially put in place other sanctions against the country.
President Donald Trump posted on social media that he is "pleased to announce" that trade negotiations addressing trade barriers between India and the U.S. are continuing. He added: "I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks. I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries!"
President Donald Trump posted on social media over the weekend that if the EU doesn't stop its "discriminatory actions" of fines against Apple, Google and other tech companies, "I will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these Taxpaying American Companies" (see 2509050071).
House Foreign Affairs Committee ranking member Rep. Gregory Meeks, D-N.Y., who has led the charge to terminate the underlying emergencies for the president's tariffs, said he doesn't know if Republicans will change course and allow a vote on his latest resolution, which would end the 40% tariffs on about 39% of Brazilian imports.
President Donald Trump claimed that India offered to "cut their Tariffs to nothing," as India's Prime Minister, Narendra Modi, stood firm against U.S. tariff pressure and promised deeper trade ties with Russia.
President Donald Trump said that the administration will petition the Supreme Court on Sept. 3 to make an "expedited ruling" on the legality of tariffs he imposed on every country through the International Emergency Economic Powers Act.
Less than a week after European politicians said that the trade framework was establishing certainty for European businesses, President Donald Trump lobbed a bomb on social media, threatening "substantial additional tariffs" and export restrictions on chips.
A White House official, speaking on background, clarified that the investigation the president posted about last week on social media, which he said would lead to tariffs on furniture (see 2508220054), is not a new investigation that would cover an array of furniture made out of plastic, metal or wood. Rather, wooden furniture tariffs would fall under the Section 232 investigation on lumber that began at the beginning of March (see 2503030039).
President Donald Trump said on social media: "I am pleased to announce that we are doing a major Tariff Investigation on Furniture coming into the United States. Within the next 50 days, that Investigation will be completed, and Furniture coming from other Countries into the United States will be Tariffed at a Rate yet to be determined."
Lawyers with extensive experience in Uyghur Forced Labor Prevention Act detentions said that CBP processes have been changing, and that companies should stress test how quickly they can get documents about materials from their suppliers and suppliers' suppliers, and how quickly they can understand all they've been given and send the right documents to CBP.