Cattle farmers may face financial uncertainty and hardship after China added a huge tariff on American beef imports last month.

The window for U.S. importers to file for electronic refunds if the Supreme Court rules Trump's IEEPA tariffs are illegal is approaching.

The overall trade gap plunged 39% to $29.4 billion in October, as imports fell by 3.2%, Department of Commerce figures show. The deficit was significantly lower than the $58.4 billion median forecast from surveys of economists by Dow Jones Newswires and The Wall Street Journal.

Mexico implemented tariffs on China and other non-free trade agreement countries on Jan. 1, affecting cars, clothing, furniture and more.

Some companies anticipate that even if the court invalidates Trump's tariffs, the president will not make it easy for them to get refunds.

The government is speeding up its tariff-refund process as importers await a landmark Supreme Court decision on the Trump administration’s levies.

President Donald Trump said tariff rebate checks could be distributed towards the end of 2025, pushing back his timeline from earlier statements, while he also raised questions about whether the checks needed congressional approval.

With the internet down in Iran and phone lines cut off, gauging the demonstrations from abroad has grown more difficult.