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CK Hutchison's plans to sell its global ports are at an impasse a year after the deal was announced, with hopes pinned on a meeting between Donald Trump and Xi Jinping to yield a breakthrough.

The Trump administration is weighing a range of options for addressing the spike in oil and gasoline prices amid the war in Iran, Interior Secretary Doug Burgum said.

The Democratic attorneys general and governors in the lawsuit argue that Trump is overstepping his power with planned 15% tariffs on much of the world.

Venezuela and the U.S. are scrutinizing dozens of confidential oil contracts signed during the reign of ousted strongman Nicolas Maduro, according to people familiar with the situation.

A judge has ordered the Trump administration to halt a step in the tariff payment process in order to make any refunds simpler after the Supreme Court struck down the president’s global tariffs.

Sponsored by Sen. Todd Young (R-Ind.), the Securing American Freight, Enforcement and Reliability in Transport Act responds to escalating criminal activity across the freight sector.

The Trump administration confirmed in a new court filing that it will pay interest on refunds that it ultimately must make after the Supreme Court struck down the president’s contested global tariffs.

Top EU lawmakers on the parliament’s trade committee made the choice on March 4, saying they wanted more information from Washington about how it will preserve a 15% ceiling on most EU products.

With ships unable or unwilling to transit the Strait of Hormuz, producers cannot export, supertanker costs are skyrocketing and storage at many Persian Gulf refineries is filling up fast. 

Bessent noted the authority for the new duties allows for the measure to last 150 days. During that time, he said authorities will be looking at using other legislation to resurrect the tariff regime.