A New York appeals court on August 21, 2025, overturned the nearly $500 million civil fraud penalty against U.S. President Donald Trump. The court ruled that while fraud had occurred, the monetary sanction was excessive and violated the constitutional ban on disproportionate fines. The decision

President Donald Trump announced on July 30 that the United States will implement a 25% tariff on all goods imported from India starting August 1. Alongside the tariff, a penalty tax will also be imposed due to India’s continued defense and energy trade with Russia. India’s Russia Ties Cited as Key Factor Trump stated that […]