NEWYou can now listen to Fox News articles! MEXICO CITY: Firsthand accounts are emerging from Americans trapped by this week’s cartel-related violence in Mexico following the death of cartel boss Nemesio Oseguera Cervantes, known as “El Mencho.” As news spread of the Jalisco New Generation cartel (CJNG) cartel boss’s murder, reports described armed clashes between…
A worker unloads packages from a FedEx truck on Cyber Monday in New York, US, on Monday, Dec. 1, 2025. Bess Adler | Bloomberg | Getty Images Federal Express on Monday sued the U.S. government, seeking a “full refund” of the money the shipping giant paid for tariffs unilaterally imposed last year by President Donald…
President Donald Trump on Friday evening said he signed an executive order imposing a new 10% “global tariff,” hours after the Supreme Court struck down his sweeping “reciprocal” import duties in a major rebuke of his trade agenda. The “Section 122” tariffs will take effect “almost immediately,” Trump said in a Truth Social post. They…
The retail industry on Friday said the Supreme Court’s ruling that struck down some of President Donald Trump’s global tariffs would usher in more predictability and free up businesses from the burden of higher import costs. “The Supreme Court’s announcement today regarding tariffs provides much-needed certainty for U.S. businesses and manufacturers, enabling global supply chains…
The Supreme Court during a rain storm in Washington, Feb. 20, 2026. Annabelle Gordon | Bloomberg | Getty Images The Supreme Court on Friday ruled that President Donald Trump’s country-specific “reciprocal” tariffs are unconstitutional, delivering a win for many consumer companies facing higher import costs. But the ruling doesn’t cover all sectors. The Supreme Court…
A worker walks through rows of American-made furniture at Warehouse Showrooms Furniture in Alexandria, Virginia, US. President Donald Trump’s sweeping new tariffs officially took hold Thursday, as he barrels forward with his turbulent push to reshape global trade. Bloomberg | Bloomberg | Getty Images The Supreme Court struck down President Donald Trump’s so-called “reciprocal tariffs”…
White House economic advisor Kevin Hassett said Wednesday that the authors of a recent New York Federal Reserve paper that found U.S. companies and consumers are shouldering most of the tariff burden should be “disciplined.” In a CNBC interview, the National Economic Council director ripped the report, saying that central bank researchers ignored key aspects…
Containers at a shipping terminal in Yokohama, Japan on Oct. 18, 2021. Japan’s trade deficit surged in September as imports overwhelmed export growth. Kiyoshi Ota | Bloomberg | Getty Images Japanese exports climbed 16.8% year on year in January, sharply beating market expectations and growing at their fastest rate since November 2022 as shipments to…
NEWYou can now listen to Fox News articles! The United States is warning Peru that China’s growing control over a major Pacific port could threaten the country’s sovereignty, escalating tensions over Beijing’s expanding footprint in Latin America. The concern centers on the $1.3 billion deep-water port in Chancay, north of Lima, which has become a…
Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations. Thierry Monasse | Getty Images…