Trade Policy
Europe’s ‘Made in Europe’ Gambit Risks Fracturing Western Supply Chain Alliance
Brussels unveils local-content mandates as UK and allied partners warn of friend-shoring fragmentation
Bessent Signals 15% Universal Tariff Imminent as Markets Brace for Policy Shock
Treasury Secretary's 'this week' timeline for tariff escalation marks sharp pivot from targeted duties to blanket protectionism, testing investor appetite and global trade architecture.
Americans Pay 90% of Tariff Costs as Supreme Court Forces Policy Reset
New research traces $287 billion in customs revenue to domestic consumers and businesses, while Bank of Japan holds rates steady amid diverging central bank policies.
Over 1,500 Companies Sue US Government Seeking Billions in Tariff Refunds
Supreme Court's February 20 ruling invalidating IEEPA tariffs triggers unprecedented legal battle over estimated $160-175 billion in duties, as major retailers and small businesses race to secure refunds while administration deploys alternative trade authorities.
Seoul Ends 19-Year Standoff, Grants Google Maps Access Under US Trade Pressure
South Korea conditionally approved Google's export of high-precision map data after rejecting similar requests in 2007 and 2016, as Washington linked the restrictions to tariff negotiations worth billions.
Stellantis Reports €22.3 Billion Loss as Tariff Pressures Mount
The automotive giant's first-ever annual loss signals structural turmoil beyond failed EV bets—with US tariff costs rising to €1.6 billion in 2026.