Last updated: 2026-02-23 17:46:17 ET
The move signaled that the president would press ahead with steep global import taxes despite the legal setback from the Supreme Court.
Clothing and footwear were among the imports most vulnerable to Trump's tariffs, which imposed steep rates on countries such as China and Vietnam.
The trade deficit has followed a rocky course over the past 12 months, buffeted by Trump’s aggressive renegotiations with trading partners.
A standoff over the security of Taiwan has led to a steep decline in the number of Chinese visitors to Japan, which is heavily dependent on the touris...
