President of the United States
The US Court of Appeals for the Federal Circuit has ruled 7-4 to uphold a lower court's decision that President Donald Trump overstepped his authority in imposing tariffs on imports from dozens of trading partners. The court found that most of Trump's tariffs, which were imposed
International trade
A federal appellate court has reaffirmed a lower-court ruling that invalidated most of President Trump's global tariffs, potentially complicating his efforts to alter the global trade order. The ruling, which could have significant consequences for the US economy, follows a May ruling that stated Trump did not have
Tariffs
President Trump's global tariffs, which were poised to have a huge impact on the global economy, have been ruled to have been implemented illegally. A federal court's decision has sparked a mix of reactions from investors, with some experts warning of significant changes in the stock
Tariffs
The Centre's move to extend the import duty exemption on cotton until 31 December 2025 is set to strengthen India's position in global textile markets, reviving orders for small and medium enterprises as well as export-oriented units. The textile ministry stated that affordable, high-quality cotton is
Tariffs
The Nigerian Postal Service (NIPOST) has issued a statement announcing that all postal items sent from Nigeria to the United States, except for letters and documents, will now attract a prepaid customs duty of $80 at the point of acceptance in Nigeria. This change, which took effect on August 29,
Tariffs
As of Friday, the longstanding de minimis tariff exemption that allowed small-value packages to enter the US tariff-free has come to an end, affecting millions of shipments and potentially leading to $13 billion in extra costs and delayed shipping for consumers. This change will require small businesses and postal services
Tariffs
As President Trump's new executive order takes effect, many postal services around the world are halting mail shipments to the United States, catching people off guard and causing confusion. The rule change aims to curb low-value imports, but its far-reaching consequences are affecting individuals and businesses alike, from
Tariffs
The U.S. House of Representatives Committee on Foreign Affairs, Democrats, have issued a statement on the introduction of a resolution to terminate the "national emergency" declared by President Trump to impose tariffs on Brazil. The resolution, proposed by Representative Gregory W. Meeks, aims to put an end
Tariffs
As President Donald Trump's administration continues to push for aggressive trade policies, New Hampshire officials are attempting to boost business ties with Canada, one of the state's top export markets. Despite a 42.6% drop in exports to Canada as of June 2025 compared to the
Tariffs
The Trump administration is waging a global campaign to undermine efforts to combat climate change, with President Trump and his officials pressuring other countries to burn more oil, gas, and coal. This is part of a broader energy policy that aims to promote the use of fossil fuels and undermine
Tariffs
The US move to impose a 50% tariff on Indian textiles has sent shockwaves through the industry, with leading players such as KPR Mill and Gokaldas Exports seeing their share prices fall up to 3% in intraday trade. The Federation of Indian Export Organisations (FIEO) estimates that nearly Rs 72,
Tariffs
The US Department of Agriculture has welcomed India's recent decision to remove the 11% import duty on cotton, citing its potential to increase US cotton bookings and provide relief to India's textile and garment industry, which faces challenges from higher U.S. tariffs and rising domestic
