Federal court blocks Trump from imposing sweeping tariffs under emergency powers law (ANI) WASHINGTON: A federal court on Wednesday blocked US President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of economic policies that have rattled global financial markets, frustrated trade partners and raised […]
NEW DELHI: US President Donald Trump on Thursday imposed broad new tariffs, introducing a universal 10% tax on all imports, with additional levies ranging from 10% to 50% depending on trade imbalances. The measures, enacted under the 1977 International Emergency Economic Powers Act, aim to counter trade deficits and strengthen domestic manufacturing. While Trump defends […]
US president Donald Trump The US President Donald Trump announced that his upcoming reciprocal tariffs will affect all countries globally, rather than being limited to 10-15 nations with significant trade deficits.Trump plans to reveal an extensive tariff scheme on Wednesday, which he refers to as “Liberation Day.” Previously, he has implemented duties on aluminium, steel, […]
