States sue Trump administration over tariffs
Twelve U.S. states will ask a federal court on Wednesday to suspend tariffs announced by U.S. President Donald Trump on April 2, arguing that he violated his authority by declaring a national emergency to impose duties on imports. A three-judge panel of the U.S. Trade Court ruled in favor of the federal court on Wednesday that the tariffs were lifted.
China sees multilateralism as key to global trade
China said on Wednesday that trade talks with the United States were an important step toward bridging trade gaps, but what was really needed was “indispensable” multilateralism to find a way out of global trade turmoil. “While bilateral negotiations can sometimes work, China believes that multilateralism […]
