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What’s next as US Supreme Court sends Trump’s trade policy into flux

The US Supreme Court ruled that President Donald Trump cannot legally use emergency powers under the International Emergency Economic Powers Act (IEEPA) to impose tariffs. The decision blocks part of his trade strategy but does not end his trade war.The ruling mainly affects “reciprocal tariffs,” which Trump announced last April in the Rose Garden. These…

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Ford Chennai plant plans in flux: US tariffs prompt strategic rethink; investment shift eyes Europe

US auto major Ford is revisiting its strategy for the Maraimalai Nagar plant near Chennai, with top executives expected to hold a meeting to decide the facility’s future, people familiar with the matter told ET. “The Trump tariffs have made the company reassess the financials underlying the original plan,” one source said. The company could…

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