Mumbai: The rupee is likely to open stronger against the US dollar on Monday after the US Supreme Court. struck down President Donald Trump’s tariffs, prompting a recalibration of the North American country’s trade policy and reducing India’s effective tariff exposure to 15% from 18%. However, traders believe any near-term appreciation may be modest and…
The US Supreme Court on 20 February invalidated President Donald Trump’s sweeping tariffs imposed under a national emergency law, delivering a major blow to his trade policy, ahead of the US mid-term polls scheduled later this year. The apex court held 6-3 that the Trump administration exceeded its legal authority to impose tariffs beginning in…
India US Trade Deal: Congress on Friday alleged that India hastily signed a ‘one-sided and anti-India’ trade deal with the US before the US Supreme Court canceled Donald Trump’s global tariffs. Questioning the decision of the Central Government, the party said that if India had waited for 18 more days, it would not have had…
