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US President Donald Trump reiterated his claim that Americans could receive a $2,000 payment funded through tariff revenues and the move might not even require congressional approval. Addressing reporters, Trump said strong tariff collections had created sufficient room to consider direct payments to Americans while also helping to reduce the national debt. Responding to whether…
NEW DELHI: Amid the uncertainty triggered by the US Supreme Court order invalidating Trump’s tariffs, govt has decided to reschedule the visit of the Indian team to Washington DC for finalising the legal text of the interim framework of the trade deal.Commerce department officials said the two sides were of the view that the visit…
NEW DELHI: A leading exporter left work on Friday with additional US tariffs on most goods from India at 25%. He was hoping it will fall to 18% this week. Late evening, the US Supreme Court declared the imposition of reciprocal tariffs illegal and by Saturday a new levy of 10% kicked in, which moved…
“I can do anything I want,” declared Donald Trump, quickly venting his anger at the US Supreme Court’s landmark ruling on February 20 rebuking his use of emergency powers to impose sweeping import duties, one of the most consequential defeats of his second term.The ruling invalidated his use of emergency powers to impose the largest…
US President Donald Trump was midway through a closed-door White House meeting with governors when news arrived that the Supreme Court had struck down his global tariff policy. He was handed a note by a trade adviser informing him of the ruling. Macron’s Savage Dig At Trump After SCOTUS Ruling; ‘Good To Have Rule Of…
NEW DELHI: Congress MP Jairam Ramesh on Sunday questioned the Centre over not waiting for the Supreme Court of the United States ruling on Trump tariffs before agreeing to a trade deal framework with Washington.The US court, in a 6-3 decision, ruled that the administration had exceeded its authority by using the International Emergency Economic…
NEW DELHI: India and the United States have rescheduled a key meeting between their chief trade negotiators that was expected to take place this week in Washington, government sources told The Times of India. Both sides have now agreed to defer the visit and will decide on “mutually convenient dates” after “evaluating the latest developments.”The…
US President Donald Trump (File photo) US President Donald Trump on Saturday increased the global tariff he had announced a day earlier from 10% to 15%, in a strong reaction to the US Supreme Court’s landmark ruling that dealt a stinging blow to his second tenure as president.In a post on Truth Social, the MAGA…
The reduction of US reciprocal tariffs on Indian goods from 25 per cent to 10 per cent is expected to significantly improve the competitiveness of labour-intensive sectors such as pharmaceuticals, electronics, engineering goods, textiles, and gems and jewellery in the American market, industry representatives said.The development follows a US Supreme Court ruling that struck down…
NEW DELHI: Congress leader Rahul Gandhi on Saturday reiterated his remarks on Prime Minister Narendra Modi, claiming that hie is “compromised.” In a social media post on X, Rahul said the PM Modi‘s “betrayal” stands exposed and he “will surrender again.”“The PM is compromised. His betrayal now stands exposed. He can’t renegotiate. He will surrender…
