[ad_1] The US Court of International Trade struck down America’s ‘reciprocal’ tariffs for exceeding the president’s authority. As the legal battle over their validity thickens, could the rule of law in the US come to the global economy’s rescue? [ad_2] Source link
[ad_1] ‘What does Trump want?’ is a question much of the world has struggled to answer for weeks since US President Donald Trump imposed sweeping tariffs on trade partners, as well as no-commercial trade geographies inhabited only by penguins and seagulls, and then put them most on pause. He raised tariffs on China, then raised…
[ad_1] On April 4, 2025, the Trump administration formally announced the reintroduction of sweeping “reciprocal tariffs.” These proposed duties aimed to match or exceed the import tariffs other nations impose on American goods. Despite their aggressive tone, they have deferred their actual implementation by 90 days, bringing the effective date to early July 2025. This…
[ad_1] Prime Minister Narendra Modi on Friday officially commissioned the Vizhinjam International Seaport in Thiruvananthapuram, Kerala, which was completed at an estimated cost of ₹8,867 crore by the Adani Group. Also Read: PM Modi in Kerala, Andhra Pradesh today. Full itinerary – from inaugurations to public meetings Here are PM Modi’s top quotes from his…
[ad_1] Supply Lines is a daily newsletter that tracks global trade. . Mexico’s President Claudia Sheinbaum said there’s no agreement yet with her US counterpart Donald Trump after the two spoke last week about lifting US tariffs. The Mexican head of state said on Monday that they had discussed an existing 25% tariff on imported vehicles…
[ad_1] After all, the US was pretty close to full employment and its labour market has been fairly tight for years. Inflation had begun to float down. So it is inexplicable why he would break something that wasn’t broken. As Fareed Zakaria set out in a recent video, in 1990 the US economy was the…
[ad_1] On the face of it, the chaotic action and frenetic pace of US President Donald Trump’s first 50 days in office lack cohesive thought and direction. Dig deeper and a picture emerges of a potential ‘framework’ or ‘grand design.’ Believers see two main reasons for a reset of the global trade order. The first…
[ad_1] In response, both Canada and Mexico have announced retaliatory tariffs on key US industries, while Trump has vowed to impose “reciprocal” tariffs on “everybody across the board.” Also Read: Truth or dare: Close the deficit in clarity over the impact of Trump’s tariffs Since no other country wields as much influence over the world…
[ad_1] US President Donald Trump assailed what he cast as imbalances in global trade during a meeting with Irish Prime Minister Micheál Martin, reiterating his threat to impose reciprocal tariffs on other nations. Trump injected trade tensions into the visit of Ireland’s premier to mark St. Patrick’s Day, normally a light-hearted affair. He singled out…
[ad_1] New Delhi: India and the US plan to negotiate a mutually beneficial multi-sector Bilateral Trade Agreement (BTA) aimed at increasing market access, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday. The initiative is part of efforts to strengthen economic…
