Billions of dollars raised under president Donald Trumpof global tariff It may or may not be returned after the U.S. Supreme Court strikes down the tariffs, but there’s no explanation of how refunds will be handled. Government officials said lower courts will decide whether importers are compensated and how the money will be repaid. U.S. … Read more
Neal Katyal, an Indian-American lawyer who spearheaded the U.S. Supreme Court ruling overturning President Trump’s reciprocal tariffs, challenged President Trump’s decision to impose 15% global tariffs, arguing that full levies should be approved by Congress rather than implemented through executive action. US President Donald Trump increased tariffs from 10% to 15%. (Bloomberg) ALSO READ | … Read more
NEW DELHI: US President Donald Trump on Saturday raised newly imposed global tariffs to 15%, exceeding the legal limit under a legal provision he invoked a day earlier and hinted that higher tariffs were imminent. President Donald Trump speaks as he launches ‘Trump Accounts’ initiative (AP) In a post on Truth Social, Trump said he … Read more
President Donald Trump lashed out at the U.S. Supreme Court on Friday after it struck down his administration’s reciprocal tariffs, saying the ruling meant he “cannot charge even $1” to other countries. Within hours of the setback, he announced new “global tariffs” of 10% on all U.S. trading partners. U.S. President Donald Trump speaks during … Read more