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The ruling "maybe cost us a week, but then everybody came right back to the table," the commerce secretary said.
In terms of the overall impact on Donald Trump's tariff agenda, the consultancy Capital Economics estimates the court ruling would reduce the US's average external tariff this year from 15% to 6.5%.
A significant majority of Japanese firms have found the business impact of U.S. President Donald Trump's tariffs within ...
In a separate and broader challenge, the Court of International Trade also ruled against the administration’s tariffs program ...
"The effects on U.S. consumer prices of the increase in import tariffs this year are highly uncertain, as trade policy ...
Legal challenges to President Donald Trump’s April 2 tariffs have introduced uncertainty around a central piece of his trade ...
The legal confusion over tariffs has buffeted U.S. trading partners around the world, casting doubt on the durability of Trump’s favorite bargaining tool.
Threats, blocks and dips from the erratic nature of the current administration’s tariffs have left American and international ...
A federal appeals court allowed President Donald Trump's most sweeping tariffs to remain in effect on Tuesday while it ...
While it’s too early to gauge the full impact of the 2025 tariffs, early signs suggest some sectors are more exposed to short ...
WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick downplayed the impact of legal uncertainty ... most of President Trump's tariffs in a sweeping ruling last week that found he had ...