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The hearing in apex court presents biggest challenge yet to Trump’s tariff (AI) The US Supreme Court is scheduled to hear arguments on Wednesday at 10am ET (local time) over the legality of sweeping tariffs imposed by Donald Trump – a case that could reshape the reach of presidential power and ripple through the global…
China on Wednesday announced it will extend the suspension of an additional 24 per cent tariff on American goods for another year, while retaining a 10 per cent general tariff.According to a statement on the Ministry of Finance website, as cited by AFP, the State Council approved the measure, saying that “for one year, the…
US President Donald Trump’s global tariff strategy will be facing a trial in the US Supreme Court on Wednesday, however, they might still be in place even if the Court decides otherwise. Donald Trump, who has announced multiple tariffs and secondary tariffs for a number of countries, will not be attending the high-stakes hearing, though…
Neal Katyal and Donald Trump (Images/Agencies) WASHINGTON: When Neal Katyal walks up to the nine US Supreme Court justices on Wednesday morning, he will be arguing a case that even US President Donald Trump has said is “one of the most important in the History of the Country.” So critical that Trump himself had said…
US President Donald Trump’s latest “deal” with China is doing more for Beijing than it is for Washington. In a bid to de-escalate a spiraling trade war, Trump agreed to halve a 20% fentanyl-related tariff and delay major sanctions on Chinese firms – while simultaneously raising tariffs on allies like Canada.The effect: China is walking…
Global Trade Research Initiative (GTRI) has proposed a three-step strategy to safeguard India’s trade interests as discussions with the United States have stepped into the “advanced stage.” The agency has suggested measures like scaling back Russian oil imports, seeking trade parity and resuming talks on fair terms.Here’s what GTRI’s 3 step plan says: 1. Halting…
China said on Thursday it will suspend for one year certain export restrictions, including those related to rare earth materials, that were announced earlier in October, signalling a temporary easing in trade tensions with the United States, AFP reported.According to Beijing’s commerce ministry, the decision to “suspend the implementation of the relevant export control measures……
Piyush Goyal holds talks with EU Commissioner Maros Sefcovic on India-EU FTA negotiations The negotiating teams of India and the European Union are making significant progress on tariff-related issues, with an EU delegation set to visit New Delhi next week to further narrow gaps for an early conclusion of the proposed free trade agreement (FTA).Commerce…
Chinese Premier Li Qiang on Monday cautioned against rising “unilateralism” in global trade, urging nations not to revert to “the law of the jungle” amid escalating tariff tensions with the United States.Speaking at the ASEAN Summit in Kuala Lumpur, Li said economic globalization and multipolarity were “irreversible,” calling for stronger support for the global free…
Jaishankar meets Rubio (Image posted on X) External Affairs Minister S Jaishankar had a meeting with US Secretary of State Marco Rubio on Monday in Kuala Lumpur to discuss international relations and ongoing trade negotiations between their nations.The discussions were held alongside the Association of Southeast Asian Nations (ASEAN) summit events in the Malaysian capital.“Glad…
