Sep 12 WATCH: Why more family farms are filing for bankruptcy By Deema Zein, Cecilia Lallmann The number of American farms struggling to stay afloat is on the rise. Family farm bankruptcy filings last year were up 55% from 2023 and are already trending higher this year. Continue reading
Sep 09 Supreme Court grants unusually quick hearing on whether Trump has power to impose sweeping tariffs By Lindsay Whitehurst, Associated Press The tariffs will remain in place in the lead-up to arguments set for November, a lightning-fast timetable by the Supreme Court's typical standards. Continue reading
Sep 01 From Trump tariffs to social programs, Mexico’s first female president takes stock in address By Megan Janetsky, Associated Press Mexico President Claudia Sheinbaum has celebrated her government’s handling of tumultuous relations with the Trump administration in her first state of the nation address. Continue reading
Aug 29 Watch 5:50 What consumers can expect as de minimis exemption ends By Amna Nawaz, Ryan Connelly Holmes Americans are no longer able to import cheap foreign goods tariff-free. The Trump administration ended the de minimis exemption, which allowed packages valued under $800 to enter the U.S. with no import tax. Last year, there were nearly four million… Continue watching
Aug 29 Appeals court finds Trump had no right to impose tariffs, but leaves them in place for now By Paul Wiseman, Lindsay Whitehurst, Associated Press The U.S. Court of Appeals for the Federal Circuit ruled Trump wasn’t legally allowed to declare national emergencies and impose import taxes on almost every country on earth, a ruling that largely upheld a May decision by a specialized federal… Continue reading
Aug 27 Trump’s 50% tariffs on India over Russian oil purchases take effect By Rajesh Roy, Associated Press The situation highlights the fragile trade ties between the two allies. U.S. President Donald Trump had initially announced a 25% tariff on Indian goods, but then imposed an additional 25% tariff due to India's purchases of Russian oil. Continue reading
Aug 26 August consumer confidence dips with jobs and tariffs driving most unease By Matt Ott, Associated Press Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. Continue reading
Aug 26 WATCH: Trump promises to revive North Carolina furniture industry ‘like magic’ By Associated Press President Donald Trump said Tuesday tariffs are coming on furniture imports to help revitalize the domestic industry in North Carolina and South Carolina. Continue reading
Aug 26 Tariff exemption for small packages ends this week By Mae Anderson, Associated Press Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. Continue reading
Aug 22 Carney says Canada will match U.S. tariff exemptions under USMCA trade pact By Rob Gillies, Associated Press Canada is dropping many of its retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday. Continue reading