Federal regulations outline that in the case of an overpayment for duties, including those determined to be illegal, those payments must be returned with interest. U.S. Customs and Border Protection (CBP) outlines this interest compounds daily at an annualized rate of 4.5% for overpayments more than $10,000 and 6% on overpayments less than that.
Since Donald Trump entered the White House for the second time, the US import taxes faced by Morph, which supplies Walmart and Target, have lurched wildly-from zero tariffs to 20% tariffs to 50% tariffs, before briefly flirting with 145% tariffs. The figure fell back to 20%, before the Supreme Court intervention last week ruled the tariffs illegal, which brought them back down to zero.
Trump imposed a 25% tariff on car imports last April, adding export costs to the supercars hand-made in Aston Martin's UK factory. While a subsequent US-UK agreement in May provided some relief for British automakers, there has been fresh uncertainty after Trump introduced a 10% global tariff on exports to the US in response to the Supreme Court ruling against his expansive tariff policy.
For the European Commission president, Ursula von der Leyen, the EU's trade pact with India was the mother of all deals. Seen from the other end of the telescope, it looked like the mouse of all deals, with just 4bn (3.5bn) in tariff reductions a rounding error in a 180bn trading relationship. But that misses the point: this is about economic heavyweights resetting the terms of their cooperation because of Donald Trump's use of tariffs as a tool of economic and political compulsion.
Electrek reports that a new trade agreement between Canada and China will allow 49,000 Chinese-made EVs into Canada each year, with a tariff rate of just 6.1%. To put that number into context, the publication Driving reports that 1.9 million new vehicles were sold in Canada last year. Canada's shift in policy will move them away from the tariff policies of the U.S. (where Chinese EVs are subject to a 100% tariff) and closer to those of other North American countries. That could have big implications for the industry; according to a recent article in Mexico News Daily, Chinese automobiles now make up around 20% of the cars, trucks and SUVs sold in the country in question. And while Canada is not as populous as Mexico, gaining access to North America's third-largest automotive market remains a big deal.
While investors chased artificial intelligence stocks and cryptocurrency throughout 2025, a commodity fund quietly delivered returns that rivaled the market's biggest winners. The United States Commodity Index Funds Trust ( NYSE:CPER) surged 39% last year, matching NVDA's performance and more than doubling the S&P 500's 16% gain. CPER tracks copper futures contracts, providing exposure to the industrial metal without mining company operational risks.
He is breaking with decades of precedent and allegedly the law to attempt to fire Lisa Cook, a Biden-era appointee to the bank's board of governors. It appears to be part of his campaign to demand lower interest rates, which is a lousy policy when inflation hasn't quite cooled. Trump has done little otherwise to bring prices down. His aggressive tariff regime, certainly, will punish many families - especially when it's not coupled with a new industrial policy or jobs program.
Value stocks are companies trading below their fundamental value, often overlooked due to market volatility or economic downturns, with the potential for future performance improvement.
President Trump’s 2025 tariffs, intended to protect domestic manufacturing, are significantly disrupting startups, increasing costs, and enforcing complexities in international trade.