Tag: #USTariffs
-
US Court Strikes Down Trump’s 10% Global Tariffs as Illegal in Major Trade Policy Blow
US Court Strikes Down Trump’s 10% Global Tariffs in Landmark Ruling Washington, DC | May 8, 2026: In a major legal setback for former US President Donald Trump, a federal trade court on Thursday ruled that the US court strikes down Trump’s 10% global tariffs imposed under Section 122 of the Trade Act of 1974,…
-
US Supreme Court Affirms Limits on Presidential Taxing Power, Says Neal Katyal
Washington DC [US], February 21, 2026: Former Acting US Solicitor General Neal Katyal welcomed the Supreme Court’s ruling striking down executive-imposed tariffs. He described the decision as a clear affirmation of constitutional limits on presidential taxing authority. During arguments before the Court, Katyal challenged the legality of the tariffs. Following the verdict, he called the…
-
Trade Deals Rely on Policy Alignment, Not Leader-Level Symbolism: GTRI
New Delhi, January 10:Major trade agreements depend on policy alignment and concrete negotiations, not symbolic gestures by national leaders, the Global Trade Research Initiative (GTRI) said on Friday. The statement came after US Commerce Secretary Howard Lutnick claimed that the India–US Bilateral Trade Agreement failed because Prime Minister Narendra Modi did not personally call former…
-
Indian Stock Markets Open Lower as US Tariff Threat and FPI Outflows Weigh on Sentiment
Mumbai, January 9 :Indian equity markets opened lower on Friday as selling pressure continued due to concerns over US tariff threats and sustained foreign portfolio investor (FPI) outflows. The cautious mood also reflects uncertainty ahead of the upcoming corporate earnings season and key global developments. Benchmark Indices Open in the Red The NIFTY 50 opened…