Companies worldwide are reporting significant financial impacts from U.S. tariffs, with hundreds reacting to trade war measures.
Eurozone exporters are facing ongoing difficulties in securing overseas buyers, a situation attributed in part to the volatile policy environment in the U.S., according to European Central Bank President Christine Lagarde.
World trade experienced a notable surge in 2025, with the volume of goods crossing borders increasing by 4.4%, a significant acceleration from 2.5% in 2024, according to the Netherlands Bureau for Economic Policy Analysis.
Canadian factory activity experienced a significant downturn in January, with an early estimate indicating a 3.3% drop in manufacturing shipments.
The U.S. Supreme Court has struck down President Donald Trump's broad executive orders imposing global tariffs, ruling that he overstepped his authority.
Economy5d ago·37 sources
The International Monetary Fund (IMF) has reviewed the U.S. economy and suggests an alternative policy mix to achieve the Trump administration's goals without negative global repercussions. The IMF recommends replacing tariffs with a destination-based consumption tax and moving towards a skills-based immigration system. While acknowledging the administration's concern about trade deficits, the IMF noted that tariffs have a negative supply effect and contribute to inflation. The fund projects higher tariffs will modestly narrow the trade deficit in the near term but increase inflation and reduce output. The IMF supports the Federal Reserve's decision to ease monetary policy in 2025 and forecasts the federal-funds rate to reach 3.25%-3.50% by the end of 2026, aiming for full employment and 2% inflation by early 2027. The report also emphasizes the importance of the Fed's autonomy and calls for fiscal consolidation, projecting U.S. debt to reach 140% of GDP by 2031 under current policies. The IMF expects U.S. economic growth to be around 2.4% in 2026 and 2027.
The Supreme Court has ruled that President Trump cannot utilize the International Emergency Economic Powers Act to implement broad global tariffs.
The Supreme Court delivered a significant blow to President Donald Trump's economic agenda, ruling 6-3 that his administration illegally imposed far-reaching global tariffs under an emergency powers law.
Following a Supreme Court ruling that struck down President Trump's "Liberation Day" tariffs, businesses and foreign trading partners face significant uncertainty regarding U.S. trade policy.
New data from the U.S. Bureau of Economic Analysis reveals the U.S. trade deficit remained largely unchanged in December, standing at approximately $70 billion, similar to the previous year.
Following the Supreme Court's decision to strike down President Trump's global tariffs imposed under the International Emergency Economic Powers Act (IEEPA), administration officials are deferring to lower courts for guidance on tariff refunds.
A U.S. Court of International Trade (CIT) has ruled that sweeping tariffs imposed by the Trump administration under the International Emergency Economic Powers Act (IEEPA) are illegal, exceeding presidential authority.
Following a Supreme Court ruling that struck down his broad tariffs under an emergency powers law, President Trump announced an immediate increase in global tariffs from 10% to 15%.
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Mar 2, 2026 · 41 sources