Nations and organizations are watching to see if the legal foundation for the administration's trade deals will hold.
WASHINGTON (AN) — U.S. trade policy hangs in the balance as the Trump administration races to appeal a federal court ruling on its tariffs.
With a looming Oct. 14 deadline, the case is poised for a showdown at the Supreme Court, an outcome that may determine the fate of billions of dollars in tariffs and redefine the limits of presidential power.
In a growing divide, advanced economies, which often export high-value, low-volume goods, were better positioned.
The twin moves reflect an attempt to navigate intense competition between the U.S., China, and the E.U.
A 15% U.S. tariff rate on most European goods is a key point, with specifics on the auto tariffs tied to E.U. lawmaking.
Asian economies are projected to remain the largest positive driver of world merchandise trade volume growth in 2025.
The court's preliminary hearing will focus on whether the case is admissible under Swiss law, in a potential precedent.
An IFRC official says the difficult terrain where the quake struck could turn this into a 'protracted crisis' lasting months.
In a growing divide, advanced economies, which often export high-value, low-volume goods, were better positioned.
"The atomic bombs that I experienced 80 years ago were like babies compared to today’s nuclear weapons," said Kodama.
