The U.S. Trade Representative (USTR) has processed additional requests for exclusions from the 25% tariffs imposed on Lists 1 and 2 imports from China.
President Trump directed the U.S. Department of Commerce to investigate whether imported cars and auto parts pose a national security threat justifying tariffs of up to 25%.
Legislation to increase the age requirement of antique, rare or special-interest motor vehicles from 20 years old or older to 30 years old or older was introduced.
A federal judge has approved a $5.7 billion settlement between Visa/MasterCard and U.S. merchants over fees charged each time a customer swipes a credit or debit card. The ruling follows years of litigation over allegations that the fees were improperly fixed.