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 grant […]
US President Donald Trump said he would sign new orders aimed at restoring tariffs using alternative legal authorities after the Supreme Court struck down a large portion of his previous measures.Speaking after the ruling, Trump said he would rely on a set of trade powers known as Section 122 to impose a global 10% tariff […]
The US Supreme Court’s ruling striking down tariffs imposed under emergency powers has triggered a fundamental constitutional question: can a president –including Donald Trump — overturn or bypass a Supreme Court decision on tariffs?The answer, rooted in the US Constitution’s separation of powers, is clear. A president cannot reverse a Supreme Court ruling. But the […]
Canadian prime minister Mark Carney has urged citizens to back domestic businesses and workers under a new “Buy Canadian” policy, hours after US President Donald Trump threatened to impose 100 per cent tariffs on Canadian goods if Ottawa proceeded with trade deals with China.In a video posted on his X account, Carney framed the policy […]
The ongoing Supreme Court trial on US President Donald Trump’s use of emergency powers to impose global tariffs has left companies, customs brokers and trade lawyers preparing for a potentially prolonged battle over refunds that could total close to $150 billion. The court is expected to issue rulings on Friday, though it has not specified […]
President Donald Trump has said Americans could see $2,000 tariff dividend checks in 2026, but no exact date has been set yet, although he hinted at the timeline.The payments are expected to come from revenue raised through tariffs.Speaking to reporters aboard Air Force One on Friday, Trump said the checks will not arrive in time […]
new video loaded: What It Takes to Move a Factory From China to Vietnam Tariffs have forced Chinese companies to move their operations to Vietnam. Alexandra Stevenson, our Shanghai bureau chief, visits a factory in Ho Chi Minh City to see how one of the biggest challenges isn’t relocating machinery and tools, but overcoming language […]
Texas Governor Greg Abbott said he will impose 100% tariff on people leaving Texas and going to New York City. Hours before Zohran Mamdani was announced the winner of the New York City mayoral election last night, Texas Governor Greg Abbott issued a warning that if anyone moved from Texas to NYC after the polls […]
Mark Carney comes under attack as Trump ends trade talk with Canada, Doug Ford claims he didn’t make a fake ad featuring Reagan. Ontario premier Doug Ford whose ad campaign is believed to be the reason that rankled US President Donald Trump to the point that he announced the end of trade talks with Canada, […]
US President Donald Trump has once again claimed credit for averting a potential war between India and Pakistan, saying he used the threat of steep trade tariffs to stop the two nuclear-armed neighbours from “going at it.“Speaking to Fox News on Sunday (local time), Trump said his administration leveraged economic pressure to defuse tensions following […]
