Sen. Jeff Flake, R-Ariz., said Tuesday that the Senate will vote on a motion on Wednesday aimed at challenging President Trump’s authority to impose tariffs on imports under Section 232 of the Trade Expansion Act of 1962, which permits a president to implement tariffs on 'national security grounds.'
European Union leaders reached an agreement on migration after almost 10 hours of chaotic talks in Brussels over the sensitive issue threatening their union and zone of free travel, as well as German Chancellor Angela Merkel’s government.
President Trump on Sunday warned other countries that the U.S. would retaliate if they placed trade barriers and tariffs on U.S. exports.
The Treasury Department is planning to heighten scrutiny of Chinese investments in sensitive U.S. industries under an emergency law, putting Washington’s trade war with Beijing on a potentially irreversible course.
President Trump is ready to slap tariffs on nearly $50 billion in Chinese goods, according to reports, reigniting fears of a trade war between the world’s two largest economies.