The agreement includes provisions for the rapid sharing of data about new diseases, to ensure scientists and pharmaceutical companies can work more quickly to develop treatments and vaccines
Most companies said bringing back supply chains within the U.S. could as much as double their costs, and it would be more cost-effective to relocate them to lower-tariffed countries.
The lawsuit argues that the U.S. president’s invocation of emergency powers to unilaterally escalate a global trade war, which has raised fears of recession, is unlawful.
“The U.S. is unreasonable, bullying and imposing tariffs abusively,” the postal service said in a statement posted to the Hong Kong government’s website.
Concentrations of the highly toxic chemicals were so high, touching a receipt for just 10 seconds resulted in exposure that violated California's safety threshold.
The Trump administration faces a similar lawsuit in Florida federal court, where a small business owner has asked a judge to block tariffs imposed on China.
China produces more than 90% of the world's supply of refined magnet rare earth elements, used as components for semiconductors, planes, drones, and even missiles.
Two-thirds of CEOs said that they do not approve of Trump's tariffs, while 76% said that they believe tariffs will negatively impact their businesses in some way this year.