Trump tariffs – Page 2

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, […]

‘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 […]

Western voices back India against Trump’s tariff war

The TOI correspondent from Washington: It is not often that India finds favour – or is the flavour – in the global commentariat. But amid growing signs pointing to US President Donald Trump bringing about a generational – and adversarial – shift in American policy towards India, New Delhi is finding broad support from the […]

‘Obstacles to free trade’: German envoy backs India on Trump tariffs; calls for slashing duties to minimum | India News

NEW DELHI: Germen envoy Georg Enzweiler on Tuesday termed US imposition of tariffs on different countries as an “obstacles to free trade.”While talking to the media, the deputy head of mission, German Embassy in India said that the countries should always be in favour of reducing tariffs to the minimum level.“Tariffs are obstacles to free […]

Brazil announces $5.5B package to counter Trump’s tariffs | World News

Brazil announces $5.5B package to counter Trump’s tariffs Brazilian President Luiz Inacio Lula da Silva announced a plan on Wednesday to support exporters who have been hit by high tariffs of up to 50% imposed by US President Donald Trump on several products from the country.The plan provides credit of 20 billion reais ($5.5 billion; […]

‘Set your clocks to more expensive’: Stephen Colbert, Jimmy Fallon criticize Trump’s tariffs on India; says it’s ‘punishing’ Brazil

Donald Trump (AP) Stephen Colbert, Jimmy Fallon (ANI) Late-night show hosts Stephen Colbert and Jimmy Fallon have criticised US President Donald Trump for imposing a 50 percent tariff on India.“I hope you remembered to set your clocks back to ‘more expensive’,” adding that Trump’s sweeping new tariffs are set to make the prices of items […]

Lula, Putin talk Ukraine peace; plan BRICS meet; weigh joint reply to Trump tariffs

Luiz Inacio Lula da Silva, Vladimir Putin (AP) Brazilian President Luiz Inacio Lula da Silva spoke with his Russian counterpart, Vladimir Putin, for about 40 minutes on Saturday, the Brazilian presidential palace said. Putin briefed Lula on his talks with the United States and “recent peace efforts between Russia and Ukraine,” as per the statement. […]

‘We’re going to see what happens’: US envoy Steve Witkoff heads to Moscow ahead of sanction deadline due Friday; tariff and ceasefire talks on agenda | World News

US special envoy Steve Witkoff is set to arrive in Moscow (AP) US special envoy Steve Witkoff is set to arrive in Moscow on Wednesday for high-level meetings with Russian leadership, ahead of US President Donald Trump’s deadline to impose new sanctions on Russia over its continued military offensive in Ukraine, which is due on […]

Trump: World tariff would be somewhere in 15-20% range

TURNBERRY: US President Trump said he expected the US to set tariffs in the range of 15% to 20% for those countries that did not reach a negotiated trade agreement with Washington. “I would say it’ll be somewhere in the 15 to 20% range,” Trump told reporters, sitting alongside British PM Keir Starmer at his […]