Tariffs – Page 2

‘Financial ruin’ for US? What happens if Trump tariffs are struck down by court — Explained

US President Donald Trump (Pic credit: AP) The US federal court’s ruling over the tariff, calling it “illegal”, came as a major setback for President Donald Trump. The court said that the Republican leader overstepped his authority when he declared trade deficits and border issues as “national emergencies” to justify sweeping tariffs he imposed on […]

Why don’t you…?: Ro Khanna faces ‘go back to India’ calls as he slams Trump on tariffs

Ro Khanna urges Indian-Americans to speak up on the issue of tariff, faces backlash. Indian-origin Congressman Ro Khanna faces online backlash after he criticized President Donald Trump’s 50% tariffs on India. The Democrat Congressman said Trump had been destroying the US-India strategic partnership because Modi refused to nominate him for a Nobel Peace Prize. Khanna […]

‘Third World Nation’ fear: Trump warns of fallout if tariffs struck down; slams court ruling again

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday warned that the United States would become a “Third World Nation” if tariffs imposed by him were struck down by courts. Defending his sweeping tariffs, Trump said that more than $15 trillion will be invested in US, a figure he described as […]

‘Our country would be completely destroyed’: Trump defends tariffs after US court setback; thanks Obama-appointed judge

Days after a federal appeals court declared most of his tariffs illegal, US President Donald Trump on Sunday, strongly defended his trade policy and thanked an Obama-appointed judge for siding with him in the ruling.In a post on his social media platform Truth Social, Trump said tariffs had brought “TRILLIONS OF DOLLARS” into the US […]

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 […]

Appeals court spikes Trump tariffs but gives him time to go to apex court

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 court, […]

What’s IEEPA – law Trump used for tariffs faces legal hurdle; SC showdown likely

A federal appeals court on Friday ruled that many of President Donald Trump’s global tariffs were unlawful, delivering a significant blow to one of the central pillars of his trade agenda.The US Court of Appeals for the Federal Circuit upheld a lower court’s May ruling that Trump exceeded his authority by using emergency economic powers […]

‘Would be disaster if … ‘: Donald Trump doubles down on tariffs after US court calls them illegal; what next?

US President Donald Trump (Pic credit: AP) US President Donald Trump on Friday said that he would “fight back” after a US federal court in a significant ruling found his global tariffs “illegal.” The US court of appeals for the federal circuit in Washington ruled that many of Trump’s tariffs were illegal; however, it allowed […]

‘No power to impose’: US court declares most tariffs illegal; Trump says ‘total disaster for country’

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 in […]

‘Not Modi’s war’: Global voices push back as US tariffs squeeze India; Washington insiders call Delhi a ‘vital partner’

A storm is brewing in Washington after a top White House trade adviser labeled Russia’s invasion of Ukraine “Modi’s war,” drawing sharp criticism not only from New Delhi but also from influential voices in the United States.Jewish lobby defends IndiaThe American Jewish Committee (AJC), one of the most prominent advocacy groups in the US, called […]