President-elect Donald Trump spoke with Chinese President Xi Jinping about TikTok, fentanyl, trade, and more, describing the call as very positive for both countries. Trump expressed optimism about solving issues together, emphasizing a commitment to balancing trade, addressing the fentanyl crisis, and collaborating on various subjects. Xi echoed Trump’s sentiments, expressing hope for improved relations between the U.S. and China.
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What legal tests are Donald Trump’s tariffs facing? | Trade War News
The legal battle over President Trump's tariff powers is intensifying as small businesses challenge his authority under the International Emergency Economic Powers Act, arguing that the law does not explicitly permit tariffs and that trade deficits do not constitute an "unusual and extraordinary threat." The case, VOS Selections v Trump, will be heard by the US Court of Appeals for the Federal Circuit, potentially setting precedents for Trump's tariffs, including those imposed on Brazil based...
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