us

US federal trade court makes major tariff ruling

Three judges at the US Court of International Trade have argued the Trump administration has exceeded its authority over tariffs; the judgment, which came after 12 states filed a lawsuit, has been appealed.
May 29, 2025

China and US agree to slash tariffs for 90 days

Markets have rallied after a weekend agreement to reduce tariffs to 10% in China and 30% in the US is good news for companies, markets, and the US dollar; however, pharmaceutical stocks are in focus as US president Donald Trump tries to reduce drug prices.
May 12, 2025

US eyes sovereign wealth fund

Scott Bessent, the treasury secretary, and Howard Lutnick, the secretary of commerce, will submit a proposal to president Trump within 90 days.
February 04, 2025