Steel, de minimis & China: Court declares ‘most’ Trump tariffs illegal – what levies are spared

A federal appeals court has ruled that most of US President Donald Trump’s “reciprocal tariffs” are illegal, but several key parts of his trade agenda remain unaffected, CNBC reported.The US court of appeals for the federal circuit on Friday held that Trump exceeded presidential authority when he imposed broad levies covering nearly 69 percent of […]

‘Will not discuss…’: US tells WTO that India has no basis to impose retaliatory duties on 29 American products

Reports suggest that India is looking to seal the first phase of the India-US trade deal by early July. (AI image) Amidst India-US trade deal talks, the United States of America on Friday informed the World Trade Organization (WTO) that India’s suggestion to suspend concessions in retaliation to American duties on steel and aluminium lacks […]