The U.S. Court of International Trade has struck down a series of sweeping tariffs imposed by former President Donald Trump, declaring that he exceeded his executive authority under the International Emergency Economic Powers Act (IEEPA). The ruling invalidates key tariffs on imports from Canada, Mexico, and China, which were justified by Trump as responses to Read More…
Washington: Former U.S. President Donald Trump has announced a sweeping 100% import tariff on all foreign-produced films, blaming international incentives and unfair competition for the rapid decline of America’s film industry. Declaring the move as essential to protecting national interests, Trump said he has authorized the Department of Commerce and the U.S. Trade Representative to Read More…
Mumbai: Indian stock markets suffered a major jolt as the Sensex tumbled over 1,000 points, reacting to fresh tariffs imposed by U.S. President Donald Trump. The new trade measures, mainly targeting aluminium and steel imports, have intensified global market jitters, triggering a wave of foreign investor sell-offs in Indian equities. While India’s steel exports to Read More…
New Delhi: Former U.S. President Donald Trump’s renewed threat of a 25% tariff on steel and aluminium imports has set off concerns in India, raising fears of dumping, market disruptions, and a global trade shake-up. A similar move during Trump’s previous tenure led to widespread protectionist policies, hurting Indian steel and aluminium exports. Experts warn Read More…
Asian markets soared on Tuesday, February 4, 2025, as U.S. President Donald Trump announced a one-month delay in imposing tariffs on Mexico and Canada, easing trade tensions and fueling investor optimism. Major indices across the region recorded significant gains, with Japan’s Nikkei 225 rising 1.64% to 39,140.41 points and South Korea’s Kospi climbing 1.63% to Read More…