US Supreme Court Strikes Down Trump’s Global Tariffs, Relief For India And Other Nations

US Supreme Court Strikes Down Trump’s Global Tariffs, Relief For India And Other Nations

The US Supreme Court has struck down President Donald Trump’s sweeping “Liberation Day” global tariffs in a 6-3 ruling, finding that he exceeded his authority by invoking a national emergency law without congressional approval. In a major blow to President Donald Trump’s economic agenda, the US Supreme Court has struck down his sweeping “Liberation Day”…

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Stock market today: Nifty50 opens above 25,300; BSE Sensex up over 560 points as fears of Trump tariffs on EU ease

Stock market today: Nifty50 opens above 25,300; BSE Sensex up over 560 points as fears of Trump tariffs on EU ease

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmarks, rallied strongly in opening trade on Thursday as Donald Trump’s remarks on Greenland and withdrawal of tariff threat on EU eased investors’ fears. While Nifty50 went above 25,300, BSE Sensex was up over 560 points. At 9:16 AM, Nifty50…

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Basmati trade disrupted! What Iran unrest & Trump’s 25% tariffs mean for India’s rice exports, prices - explained

Basmati trade disrupted! What Iran unrest & Trump’s 25% tariffs mean for India’s rice exports, prices – explained

IREF pointed out that Indian rice shipments to the US are already levied with a 50% duty. (AI image) India’s rice exports may bear the brunt of escalating tensions in Iran and US President Donald Trump’s latest move to impose 25% tariffs on any country doing trade with Iran. “Effective immediately, any Country doing business…

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US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin

US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin

If the US Supreme Court rules against President Donald Trump’s emergency tariffs, the treasury has more than enough funds to pay for the tariff refunds, treasury secretary Scott Bessent said. The timeline of payments, however, might extend to weeks or even a year, he told Reuters. In an interview, Bessent said he doubted the court…

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