Tag: trump tariffs

U.S. trade court rules against Trump’s 10% tariff, but no relief yet for most traders

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U.S. trade court rules against Trump’s 10% tariff, but no relief yet for most traders

U.S. President Donald Trump. File. | Photo Credit: AP The U.S. Court of International Trade (CIT) has ruled that the 10% temporary tariff President Donald Trump imposed on all U.S. trade partners, including India, was “unauthorised by law”, striking a further blow to his attempts at using tariffs as tools to advance his policy priorities. …

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Federal court rules against new global tariffs Trump imposed after loss at Supreme Court

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Federal court rules against new global tariffs Trump imposed after loss at Supreme Court

U.S. trade court ruled 2-1 that Mr. Trump overstepped the tariff power that Congress had allowed the President under the law. The tariffs are “invalid” and “unauthorised by law”, the majority wrote. | Photo Credit: AP A federal court has ruled against the new global tariffs that U.S. President Donald Trump imposed after a stinging…

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U.S. slaps sanctions on Iraqi deputy oil minister over Iran

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U.S. slaps sanctions on Iraqi deputy oil minister over Iran

A convoy of oil tanker trucks crosses into Syria at the Rabia–Yarubiyah border crossing in Rabia, northwest Iraq. File | Photo Credit: AP The United States on Thursday (May 7, 2026) imposed sanctions on Iraq’s deputy Oil Minister over support to Iran, as Washington puts intense pressure on the incoming government to sever links. The…

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Businesses can claim refunds for Trump tariffs ruled unconstitutional from April 20

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Businesses can claim refunds for Trump tariffs ruled unconstitutional from April 20

Supreme Court on February 20 found that Mr. Trump usurped Congress’ tax-setting role last April when he set new import tax rates on products from almost every other country, citing the U.S. trade deficit as a national emergency. File | Photo Credit: Reuters A refund system for businesses that paid tariffs which the U.S. Supreme…

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Trump administration kicks off new process to try to replace tariffs struck down by U.S. Supreme Court

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Trump administration kicks off new process to try to replace tariffs struck down by U.S. Supreme Court

“The policy remains the same — the tools may change depending on, you know, the vagaries of courts and other things,” said U.S. Trade Representative Jamieson Greer. File | Photo Credit: Reuters The Trump administration on Wednesday (March 11, 2026) opened a new trade investigation into manufacturing in foreign countries — an effort that comes…

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Reciprocal tariffs are gone, but several other U.S. tariffs are still hitting Indian exporters

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Reciprocal tariffs are gone, but several other U.S. tariffs are still hitting Indian exporters

Trade experts have said that striking down of Trump tariff will result in countries that already have trade deals with the U.S. to re-examine them, and also called for India to do the same regarding its Interim Agreement that is yet to be signed.  | Photo Credit: Getty Images/iStockphoto While the U.S. Supreme Court has…

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Indian-origin lawyer Neal Katyal at centre of landmark U.S. Supreme Court verdict against Trump tariffs

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Indian-origin lawyer Neal Katyal at centre of landmark U.S. Supreme Court verdict against Trump tariffs

Neal Katyal is a partner in the Washington DC office of Milbank LLP and a member of the firm’s Litigation & Arbitration Group. Credit: LinkedIn/Neal Katyal At the centre of the landmark U.S. Supreme Court verdict striking down President Donald Trump’s sweeping global tariffs is an Indian-origin lawyer who argued before America’s highest court about…

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Democrats demand refunds after U.S. Supreme Court tosses Trump tariffs

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Democrats demand refunds after U.S. Supreme Court tosses Trump tariffs

The U.S. Supreme Court building, where justices released their opinion striking down President Donald Trump’s sweeping tariffs in Washington, D.C., U.S.. | Photo Credit: Reuters Governor J.B. Pritzker sent U.S. President Donald Trump an invoice on Friday (February 21, 2026) demanding nearly $9 billion in tariff refunds for Illinois families after the Supreme Court ruled…

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U.S. partners that struck deals with Trump now face 10% tariff, says White House

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U.S. partners that struck deals with Trump now face 10% tariff, says White House

U.S. President Donald Trump. File | Photo Credit: AP U.S. trading partners that have reached tariff deals with President Donald Trump’s administration will now also face a 10% duty, despite higher levels they may have agreed on previously, the White House said on Friday (February 20, 2026). This comes as the Supreme Court struck down…

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U.S. trade partners cautiously welcome tariff ruling

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U.S. trade partners cautiously welcome tariff ruling

U.S. Supreme Court ruling striking down President Donald Trump’s sweeping global tariffs | Photo Credit: Getty Images/iStockphoto U.S. trading partners on Friday (February 20,2026) cautiously welcomed a Supreme Court ruling striking down U.S. President Donald Trump’s sweeping global tariffs, with hard-hit Canada saying the levies were always “unjustified.” But soon after the decision was announced,…

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