The US Supreme Court ruled on February 20 that President Donald Trump’s IEEPA tariffs were illegal. This came as a setback to the Trump administration and a big relief to other countries facing Trump’s reciprocal tariffs. Most of the tariffs Trump imposed in 2025, including the “reciprocal” tariffs and the 10% baseline duties, made under…
The US Supreme Court on Friday (February 20) struck down President Donald Trump’s sweeping global tariffs, ruling that his use of emergency powers to impose broad import taxes was illegal. The decision, handed down in a 6-3 vote, leaves the White House facing the prospect of refunding tens of billions of dollars to importers. Over…
Supreme Court Trump Tariff Ruling LIVE: The US Supreme Court invalidated President Donald Trump’s sweeping tariffs imposed under a national emergency law, delivering a major blow. The case centers on tariffs imposed beginning in February 2025 under International Emergency Economic Powers Act (IEEPA), a law traditionally used to address national security threats. A decision striking…
America and India on Friday (6 February 2026) released the framework of an interim trade agreement. With this agreement, work has been accelerated towards a large and permanent bilateral trade agreement between the two countries. Amidst the ongoing tension regarding tariffs in recent times, this step is being considered to strengthen the economic relations between…
In April 2025, US President Donald Trump announced sweeping, ‘reciprocal tariffs’ on almost every country, as part of his “Liberation Day” economic plan, aimed at making “America wealthy” again. Almost a year later, several countries are now pivoting towards China as they lose confidence in the US over Trump’s policies. The list also includes German…
The announcement of a landmark India–US trade deal, including a reduction in reciprocal tariffs, has drawn reactions from business leaders, market experts, and industry bodies. Welcoming the move, stakeholders said the agreement could strengthen bilateral economic ties, and unlock long-term opportunities across sectors, even as they cautioned that the finer details will be crucial. Deal…
