Bessent says Treasury can cover any tariff refunds; Supreme Court yet to rule on Trump’s most sweeping duties
President Trump’s most sweeping tariffs face a landmark test of presidential powers, as the US Supreme Court is…
No Trump tariff ruling on Friday
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat…
US and UK agree zero-rate pharma tariffs; Lutnick confirms S. Korea’s 15% tariff rate
The US Supreme Court is poised in the weeks ahead to decide the legality of the majority of…
White House preps backup plans with Supreme Court verdict looming; US, EU officials meet
The White House is quietly preparing a backup plan for President Trump’s tariffs, as the US Supreme Court…
EU to urge US to apply more of July trade deal; White House preps backup tariff plans
The White House is quietly preparing a backup plan for President Trump’s tariffs, as the US Supreme Court…
EU to urge US to apply more of July trade deal; White House preps backup tariff plans
The European Union are set to urge top US trade officials on Monday to apply more of the…
EU to urge US to apply more of July trade deal; White House preps backup tariff plans
The European Union are set to urge top US trade officials on Monday to apply more of the…
Trump’s former trade architect says the president can’t backtrack on tariffs because he’s ‘too committed’ now: ‘That would be a pretty horrific decision’
As the Supreme Court prepares to hear one of the most consequential economic cases in decades—the legality of…
Trump terminates Canada trade negotiations over Reagan ad
U.S. President Donald Trump greets Canadian Prime Minister Mark Carney as he arrives at the West Wing of…
Reuters US Domestic News Summary
Following is a summary of current US domestic news briefs. ‘No Kings’ protesters emerge en masse for…
US firms in China report record pessimism, ‘brain-like’ AI unveiled: SCMP daily highlights
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see…
Donald Trump is taking over the US Federal Reserve and financial markets have missed the point
Financial markets are missing the point about Donald Trump’s takeover of the Federal Reserve. It’s not really about…