Tariffs

The U.S. and India are close to finalizing an interim trade deal, but gaps persist over pulses and the pacing of tariff reductions. “We’re not that far off from finalizing the interim trade deal, but some gaps remain,” a U.S. official told The Hindu. Washington officials are now addressing details following a Supreme Court ruling.

26. maaliskuuta 2026 Raportoinut AI

China's embassy in Colombia responded to the government's 25% tariffs on steel imports from countries without a free trade agreement, denying unfair competition against the local steel industry. It emphasized that Chinese products are of good quality and competitive prices, accounting for less than 0.3% of total imports in 2025. It warned that restrictions would raise costs in other sectors and harm employment.

President Donald Trump's tariffs on green coffee beans, imposed in April 2025 and later exempted, caused price volatility and uncertainty for Montana roasters. Helena-based roaster Steven Ladefoged described weekly fluctuations in costs due to negotiations with various countries. While some benefits emerged for other sectors, the measures raised retail prices and strained importers.

28. helmikuuta 2026 Raportoinut AI Faktatarkistettu

A February 28, 2026 episode of Slate’s legal podcast Amicus features former U.S. Solicitor General Donald Verrilli Jr. in conversation with host Dahlia Lithwick about the Supreme Court’s tariff dispute and broader questions about executive power, including what the episode describes as the Justice Department’s shifting relationship with facts.

The US Supreme Court has ruled most of Donald Trump's tariffs illegal, casting doubt on the Turnberry agreement signed in July 2025. The European Parliament has suspended its implementation pending clarifications from Washington. Trump has threatened higher tariffs if the ruling is exploited.

24. helmikuuta 2026 Raportoinut AI

Marcelo Ebrard, secretary of Economy, stated that Mexico will improve its relative position against the United States due to Donald Trump's announced 10 percent global tariff. The official noted that the average effective tariffs on Mexican exports will drop from 4.1 percent to around 2 percent. Meanwhile, Mexico's inflation rose to 3.92 percent in the first half of February, driven by new taxes and tariffs on Asian imports.