Trump’s Brazil trade squeeze gives tariff challengers fresh legal ammunition
“Trade law experts and plaintiffs in a federal court challenge to Trump's sweeping tariffs, which are backed by the 1977 International Emergency Economic Powers Act (IEEPA), say the president’s outburst against Brazil is another prime example of him far exceeding any legal authority to levy tariffs.”
[Reuters]
U.S. to release result of probe into chip imports in two weeks
“The probe, being conducted under Section 232 of the Trade Expansion Act of 1962, could lay the groundwork for new tariffs on imports in both sectors.”
[Reuters]
Trump faces growing pushback over China chip reversal
“Lutnick indicated the decision was part of a broader rare earth deal with Beijing, while arguing that they were only receiving Nvidia’s ‘fourth best’ chip.”
[The Hill]
Rail carriers Union Pacific and Norfolk Southern propose merger
“The railroads argue a merger would streamline deliveries of raw materials and goods nationwide by eliminating delays when shipments are handed off between railroads.”
[Associated Press]
Copyright © 2025 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.