The U.S. Court of International Trade said the president had overstepped his authority under the federal emergency powers law he invoked.

Antonio Filosa was appointed chief executive of automaker Stellantis on Wednesday, following the departure of Carlos Tavares in December. Here are some the main challenges he faces. REGAIN MARKET SHARE The first task will be to revive sales at Stellantis,

India has reportedly offered the US steep tariff cuts but is seeking to retain high duties on some agricultural commodities, such as food grains and dairy products, according to a report in the FT on Wednesday.

Trade tensions between China and the US have been ongoing since 2018 and escalated into a full-scale trade war in 2025.

Columbia Sportswear's Q125 showed flat sales amidst outdoor market challenges. Strong balance sheet aids resilience, but uncertainties persist. See more on COLM here.

Southeast Asian leaders reached an understanding on Tuesday that any bilateral agreements they might strike with the United States on trade tariffs would not harm the economies of fellow members, Malaysia's premier Anwar Ibrahim said.

European companies in China have ranked a domestic slowdown in the world’s second-largest economy as a bigger challenge for them than the trade war, underlining the hurdles for Beijing as it negotiates with the US on tariffs.

In April, Mr Trump imposed heavy tariffs on almost all US trade partners but paused enforcement for 90 days to allow time for negotiations. The president made an exception for China, however, slapping it with levies exceeding 100 per cent. China responded in kind.