Tag: Tariffs
“Exceeds Authority”: Trump’s Use of Emergency Powers for Tariffs Rejected
A U.S. appeals court has rejected Donald Trump’s use of emergency powers for tariffs, ruling that his actions "exceed the authority" granted by Congress....
Trump Hits India with 25% Tariff, Citing Trade Deficit and Russian Ties
US President Donald Trump has announced a 25% tariff on Indian goods, effective August 1st, a move he attributes to India's "massive" trade deficit...
Trump’s Next Economic Battlefield: The Smartphone Industry
The smartphone industry is Donald Trump's next economic battlefield, as he threatens a 25% tariff on Apple and Samsung phones not made in the...
Trump’s Tariff Strategy on Hold: Appeals Court Grants Pause on Block
The Trump administration has successfully secured a temporary halt to a court ruling that declared the president's sweeping tariffs illegal. This pause, granted by...
Market Turmoil Deepens as Export Limits Shake Tech Giants Amid Trade War Uncertainty
U.S. stock markets tumbled on Wednesday as mounting concerns over new export restrictions and the escalating trade war under President Trump sent shock waves...
Trump Floats Relief for Automakers, Targets Semiconductors and Pharma in New Tariff Push
pose new levies on semiconductors and pharmaceuticals.
Speaking from the White House on Monday, Trump acknowledged that automakers sourcing parts from Canada and Mexico need...