International
A federal appeals court has ruled that most of President Donald Trump’s sweeping tariffs—imposed under emergency powers—were illegal. The court concluded that these measures exceeded the authority granted by the International Emergency Economic Powers Act (IEEPA), which does not authorize the president to impose tariffs without explicit congressional approval. The decision
International
Investment bank Jefferies reports that the U.S. decision to impose 50% tariffs on Indian goods stems largely from President Trump’s “personal pique” over being denied a role in mediating the India-Pakistan conflict. The unprecedented tariffs are seen as a reaction to that frustration. Economic Cost To India Projected At $55–60 Billion Jefferies’ strategist Chris Wood, […]
International
U.S. Vice President J.D. Vance said President Donald Trump is in “incredibly good health” and expressed confidence that Trump will complete his term with “incredible energy.” Vance highlighted that Trump is often the last person to sleep and the first to rise, countering growing speculation about his well-being. Vance Speaks Of Preparedness While emphasizing Trump’s […]
International
Democratic members of the U.S. House Foreign Affairs Committee criticized President Donald Trump’s decision to impose 50% tariffs on Indian goods, calling the policy harmful to American businesses and consumers. Lawmakers said the tariffs unfairly penalize India while driving up costs at home. Questioning Link to Ukraine Conflict The committee argued that the
International
U.S. President Donald Trump warned Russian President Vladimir Putin that the United States is prepared to launch an “economic war” if Moscow refuses to agree to a ceasefire in Ukraine. Trump made it clear that Washington will rely on sanctions and financial pressure rather than direct military action, saying, “we’re not going to get into […]
International
U.S. President Donald Trump warned that nations imposing digital services taxes (DSTs) on American technology firms could face additional tariffs. He said such levies unfairly target companies like Google, Apple, Amazon, and Meta, and suggested that export restrictions on advanced U.S. technologies, including semiconductors, could also be considered. Europe in the