Trump's tariffs could face long odds before Supreme Court he reshaped
“Legal challenges to President Trump's tariffs could put the president on a collision course with a Supreme Court that he shaped, as his use of emergency power to unilaterally impose the levies could run into legal doctrines championed by the conservative justices to limit executive authority.”
[CBS News]
U.S. eyes region-based tariffs for many nations as deadline nears
"Bessent said the administration of President Donald Trump is now aiming to strike deals with select key trading partners on its sweeping so-called reciprocal tariffs imposed in April. While appearing on a CNN program, the secretary said he expects to ‘do a lot of regional deals.’”
[Kyodo News]
China halts unreliable entity list, export control measures on certain U.S. firms
“China has also suspended export control measures that added 28 U.S. entities to its export control list in announcements on April 4 and April 9 for 90 days, the spokesperson said.”
[Xinhua]
Global retailers' tariff strategy risks spreading pain beyond U.S. consumer
“If many multinational retailers do spread the tariff pain, higher inflation could spread even to countries which, like Britain, have already struck trade agreements with the U.S. in a bid to minimise the economic fallout of tariffs.”
[Reuters]
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