latest news in trade tariffs

WTO Sounds Alarm on Global Trade Decline Amid US-China Tariffs

WTO Sounds Alarm on Global Trade Decline Amid US-China Tariffs

Geneva, Wednesday, 16 April 2025.
The WTO warns of a 1.5% decline in global trade for 2025 due to new U.S. and Chinese tariffs, highlighting growing geopolitical tensions and market instability.

California Challenges Trump Over Sweeping Tariffs

California Challenges Trump Over Sweeping Tariffs

Sacramento, Wednesday, 16 April 2025.
California Governor Newsom sues Trump, arguing federal tariffs harm local industries, especially agriculture, demanding court intervention.