It is time now for money power politics. While the world waits to see if the Supreme Court strikes down the president's tariffs, Costco is not taking any chances. The very popular wholesaler is suing the Trump administration to get a full refund of new tariffs it paid so far this year.It is also looking to block any more import duties from being collected until a final decision is made by the nation's highest court. And dozens of other companies, but much smaller ones, have filed similar suits. Costco is th ...

Trade & Tariffs - Italian pasta exporters face 107% import and antidumping duties on pasta brands in the US [1] - The duties may make doing business in the US too costly for Italy's biggest pasta exporters [1]

Trade & Tariffs - Italian pasta exporters face 107% import and antidumping duties on their pasta brands in the U S [1] - The duties may make doing business in the U S too costly for Italy's biggest pasta exporters [1]

President Marcos set guidelines on planned changes in tariffs for rice to the Philippines, the world’s top importer, starting in 2026. Import duties will be lifted by five percentage points for every 5% drop in world prices, or vice versa https://t.co/jP191kopKz ...

Trade Relations - US Treasury Secretary hinted at potentially extending the pause on import duties on Chinese goods beyond three months [1] - The extension is contingent on China halting its plan for strict new export controls on rare-earth elements [1]

Trade Policy - Congressional Republicans are lobbying Donald Trump to impose more import duties [1] - The lobbying aims to advance their home-state causes [1]

Tariffs & Trade - The U S will impose reciprocal tariffs on Bitcoin mining machines from Southeast Asia starting August 7 [1] - Import duties could reach up to 21 6% [1]

Market Entry Strategy - Tesla's entry into India is starting small with two showrooms in Mumbai and New Delhi to gauge demand [2] - This approach is considered a "soft landing" rather than a major manufacturing announcement or capital outlay [2] - The initial launch was understated, featuring only two cars on display [3] Pricing and Competition - Tesla's biggest hurdle in India could be pricing due to steep import duties of 70% [3] - A Tesla in India could cost significantly more than in the US [3] - Homegrown automakers like Tata and Mahindra offer cars at much lower price points without import duties [4] Government Policy - The decision to import cars may seem underwhelming for a government focused on local manufacturing with the "Make in India" slogan [1] Overall Outlook - This entry is a strategic step that gives Tesla a place in one of the world's most promising automotive markets [4] - The entry is not the blockbuster some were hoping for [4]