What to Know
- Trump’s higher tariffs will take effect on Friday, fueling fresh concerns about global economic uncertainty.
- But his radical overhaul of American trade policy that bypassed Congress hasn’t gone unchallenged. He’s facing at least seven lawsuits charging that he’s overstepped his authority.
- This morning, 11 judges on the U.S. Court of Appeals for the Federal Circuit in Washington will hear oral arguments from the Trump administration and businesses that want his sweeping import taxes struck down.
- Trump criticized Canada’s plan to recognize a Palestinian state, saying in a post on Truth Social that it “will make it very hard for us to make a Trade Deal with them.”
President Donald Trump is scrambling to announce trade deals before broad new tariffs on imports from dozens of countries take effect on Friday. Follow along for live updates.
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