A United States trade court has dealt a major legal blow to former President Donald Trump’s trade agenda by ruling that his administration’s sweeping 10% global tariffs were not legally justified under federal law. The verdict marks another significant setback for Trump’s aggressive tariff-driven economic strategy and could reshape the future of presidential trade powers...
The Indian rupee came under significant pressure in early trading on Wednesday, declining by 28 paise to reach 94.77 against the US dollar in the interbank foreign exchange market. The sharp fall reflected mounting global uncertainties, persistent demand for the American currency from importers, and cautious investor sentiment in international financial markets. Currency traders indicated...
A federal appeals court has delivered a major setback to former President Donald Trump by ruling that his broad use of national emergency powers to impose sweeping tariffs on foreign goods exceeded his legal authority. The US Court of Appeals for the Federal Circuit largely upheld a May ruling by the U.S. Court of International...