[ad_1] BRUSSELS: The European Commission called Sunday for Washington to abide by the terms of the trade deal struck last year with the EU, as President Donald Trump announced new global tariff hikes a day after an adverse Supreme Court ruling.“A deal is a deal,” said a commission statement.“As the United States’ largest trading partner, […]
[ad_1] In a major setback to President Donald Trump’s trade policy, the US Supreme Court, in a 6-3 ruling, struck down sweeping global tariffs imposed under emergency powers, holding that the president exceeded his legal authority by bypassing Congress.In its majority opinion, the court ruled that the International Emergency Economic Powers Act (IEEPA) does not […]
[ad_1] Thousands of US businesses scored a major victory after the US Supreme Court struck down emergency tariffs imposed by President Donald Trump. However, while companies welcomed the decision, the process of getting refunds worth billions of dollars is expected to be slow and complex.In a landmark ruling with global economic implications, the court said […]
[ad_1] The TOI correspondent from Washington: In a marathon 2½-hour session that exposed fissures in the Trump administration’s trade agenda, the US Supreme Court on Wednesday grilled lawyers over Trump tariffs imposed under a 1977 emergency powers law, with even conservative justices expressing skepticism over presidential powers in the matter. Neal Katyal, the Indian-American litigator […]
[ad_1] A federal US appeals court on Friday ruled that President Donald Trump did not have the authority to impose sweeping tariffs on foreign imports but it delayed implementation of its order till mid-October so that the administration can appeal the case in the Supreme Court. In effect, despite being knocked down by the appeals […]
[ad_1] Scott Bessent, Marco Rubio Howard Lutnick (File -AP) Hours before a US federal appeals court declared most of President Donald Trump’s global tariffs illegal, rejecting his use of emergency powers to impose duties, his cabinet secretaries filed statements in court, warning of serious implications of ruling on US foreign policy, and leaving Washington red […]
[ad_1] A US federal appeals court on Friday ruled that most tariffs imposed by president Donald Trump under emergency powers were illegal, striking at the heart of his trade policy and setting up a likely battle in the Supreme Court, news agency Reuters reported.Trump has relied heavily on tariffs in his second term, using them […]
[ad_1] A US federal appeals court on Friday ruled that most tariffs imposed by president Donald Trump under emergency powers were illegal, striking at the heart of his trade policy and setting up a likely battle in the Supreme Court, news agency Reuters reported.The ruling by the US court of appeals for the federal circuit […]
[ad_1] Appellate judges question Trump’s authority to impose tariffs (Image credits: AP) Appellate judges expressed skepticism Thursday over US President Donald Trump’s legal rationale for imposing broad tariffs without congressional approval, raising doubts about his use of the International Emergency Economic Powers Act (IEEPA) to justify the move.During a 99-minute hearing before the US court […]
[ad_1] US President Donald Trump US President Donald Trump wrote a fiery post on social media on Thursday night after a federal court ruling challenged the legality of his proposed tariffs, criticising the judiciary and taking aim at prominent conservative legal figures.The controversy stems from a recent decision by the US court of international trade, […]
