The Trump administration is planning to use Section 232 of the Trade Expansion Act of 1962 to replace the global tariffs struck down by the Supreme Court of the United States (SCOTUS) last week, as per a Bloomberg report. To this end, officials are planning a number of additional national security investigations that would enable…
US President Donald Trump, through his social media Truth Social post on Monday, 23 February 2026, threatened foreign nations that if they side with the US Supreme Court judgment, they will potentially face higher tariffs on goods imported to the United States. In his post, Donald Trump said that any country which has allegedly ripped…
Precious metals — gold and silver — were trading with healthy gains in Monday’s session, as the US Supreme Court ruling against President Donald Trump’s tariffs lowered demand for the US dollar, making dollar-priced commodities more attractive for overseas investors. The April futures contract on Comex jumped $140 per troy ounce to a day’s high…
A major development unfolded last week as the US Supreme Court on Friday drew lines around the tariffs, invalidating the ‘Liberation Day’ tariffs announced by President Donald Trump in April 2025, marking a significant turning point in US trade policy and global trade governance. The US Supreme Court found that the President had overstepped his…
US President Donald Trump on Monday (local time) slammed the Supreme Court, calling it “incompetent” and favoring the “wrong people” for its recent ruling and striking down the tariffs imposed by his administration. In a post on Truth Social, Trump said, “Our incompetent supreme court did a great job for the wrong people, and for…
The Indian rupee eked out a gain versus the dollar on Monday, as hedging interest from importers and upcoming maturities in forward contracts undercut most of an early advance driven by positive sentiment after the US Supreme Court’s ruling on tariffs. The rupee ended at 90.8825 per US dollar, up 0.1% on the day. The…
US President Donald Trump has increased the tariff from 10 to 15%. Now it is being estimated that this will affect India. In such a situation, when fund manager Sameer Arora has made a post on behalf of Trump regarding increasing global tariff and its impact. In this he said that this will not affect…
Trade experts warn that United States President Donald Trump’s new 15% global tariffs, imposed under Section 122 of the 1974 Trade Act, is another legal strike out waiting to happen. They note that using a measure aimed at correcting balance-of-payments deficit makes no sense where there is no deficit to show. The Supreme Court of…
Indian-American attorney Neal Katyal, who argued against Donald Trump’s global tariffs before the US Supreme Court and won, has called out the President following his imposition of 15% global tariffs under Section 122 of the Trade Act of 1974. In a social media post, Katyal questioned Trump’s use of the section under the 1974 law,…
The 18 percent reciprocal tariff imposed by America on India may now become ineffective. Recently, the US Supreme Court has given an important decision, after which the new tariff system has come into effect. Now both the countries are working on a new interim trade agreement (BTA), which can be beneficial for both. Earlier there…
