In a major blow to President Donald Trump’s trade policy, the Supreme Court of the United States of America (SCOTUS) on 20 February struck down his global tariffs imposed under the International Emergency Economic Powers Act (IEEPA) of 1977. The apex court held 6-3 that Trump exceeded his legal authority by using IEEPA, which is…
America has implemented 10% global tariff with immediate effect. A White House official has confirmed that this tariff will remain in effect until another legal authority is implemented. India will also be included among the countries paying 10% tariff under this new system. When the official was asked whether India would have to pay 10%…
A new trade deal has been signed between America and India, which is considered important for the relations between the two countries. Under this agreement, America has reduced the import duty or tariff on Indian goods from 50 percent to 18 percent. This decision has been taken by US President Donald Trump. Earlier, there were…
NEW DELHI: The Russia Sanctions Bill, which authorizes the US president to impose a punitive 500% import duty on countries that buy oil from Russia, has gained fresh momentum after Donald Trump signaled his support for the legislation. mint Examines what the bill proposes, why it has resurfaced and what it could mean for India….
