Cambodia hit with highest tariff, but manufacturing not coming back to U.S., trade group says

Among the top goals for President Trump and his administration in hitting trading partners with steep tariffs is bringing manufacturing capacity back to the U.S., even if it comes at the price of short-term market and economic duress. But in Cambodia, the Asian country hit with the highest tariff rate of any in the new … Read more

China threatens retaliation after Trump hits it with highest U.S. tariff on any country

HONG KONG — China said Thursday it would take all “necessary measures” to protect its legitimate interests after it was hit particularly hard by President Donald Trump’s sweeping tariffs on U.S. trading partners around the world. Starting April 9, imports from the world’s second-biggest economy will be subject to an additional U.S. tariff of 34%, … Read more

Sport’s highest court dismisses Rubiales’ appeal against 3-year ban from soccer

The Court of Arbitration for Sport on Friday dismissed an appeal by former Spanish soccer boss Luis Rubiales against a three-year ban from the sport imposed by FIFA for kissing Spain player Jenni Hermoso after the 2023 Women’s World Cup final. The decision by a panel at sport’s highest court came a day after Rubiales … Read more