US Tariff Expansion
The US imposes new tariffs on allies while small businesses sue over unlawful levies, even as a Trump-Xi summit remains on schedule.
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- MARKETTwenty-five US states sue to block Trump tariffs on 60 trading partners
The legal challenge targets levies imposed over forced-labor concerns, adding fresh uncertainty to US trade policy and EU import costs.
Diepresse Econ - MARKETTrump imposes 12.5% tariffs on Australia under new anti-slavery rationale
Washington levies duties on 86 nations, citing supply chain penalties. Australian exporters face a new cost layer despite exemptions for major goods.
Afr - MARKETUS firms sue Trump administration over new Section 301 tariffs
Legal challenges to the expanded trade policy begin as small businesses seek to block duties on dozens of partners.
FAZ - MARKETUS imposes 12.5% tariffs on New Zealand and Australia, widening trade crackdown
The Trump administration's new tariff regime targets 60 economies, escalating trade tensions with key allies and threatening supply chains.
Rnz Business - MARKETUS tariff probes unlikely to derail planned Trump-Xi summit in September
Analysts say fresh trade investigations will not overshadow the upcoming bilateral meeting, as both sides prioritize negotiations and new tariff-free mechanisms.
SCMP - CB MEETINGReserve Bank of Australia rate decision (press conf.) AU high
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- CB MEETINGReserve Bank of Australia rate decision (press conf.) AU high
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