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President Trump doubles tariffs on steel, aluminum imports

June 4th, 2025

President Donald Trump has increased tariffs on most steel and aluminum imports from 25% to 50%, effective June 4. The U.S. and the U.K. previously reached a trade deal May 8, agreeing to negotiate an alternative arrangement for the 25% Section 232 tariffs on steel and aluminum. According to President Trump’s June 3 executive order, […]

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Spools of yellow yarn at a textile manufacturing plant. Credit: ID 5468768 © Hooverphonic | Dreamstime.com

U.S. Court of International Law ruling about tariffs put on hold

June 2nd, 2025

The U.S. Court of Appeals for the Federal District granted the Donald Trump administration's request to put a temporary hold on the New York-based U.S. Court of International Trade's judgment May 29. The Court of International Trade Law's May 28 judgement ruled in favor of six American-based companies, ruling that President Trump overstepped his authority […]

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