The US Supreme Court on Friday did not issue a ruling on challenges to President Donald Trump’s tariffs, prolonging uncertainty for global markets. In India, the lack of clarity kept sentiment fragile, with equities under pressure amid tariff concerns and stalled trade talks with the US.
US Treasury Secretary Scott Bessent has openly acknowledged this. He said there are at least three other mechanisms under the 1962 Trade Act that could be used to sustain tariffs even if the current approach fails judicial scrutiny.
A ruling against Trump would not necessarily end the tariff saga. The administration has already signalled it has alternative legal routes.
There is no public evidence to support Trump’s claim that PM Modi intervened personally or that India waited five years without delivery.
After Trump gave his approval to a sweeping bipartisan sanctions bill targeting Moscow, questions are mounting over whether India could soon find itself facing an unprecedented trade penalty.
The shares of these export-oriented companies significantly declined as they derive a significant portion of their revenue from the American market.
Referring to delays in the delivery of Apache attack helicopters, Donald Trump claimed that PM Modi personally approached him to resolve the issue.
The US Supreme Court may deliver a ruling on the legality of President Donald Trump's sweeping tariffs, as high as 10-50 percent on most imports, and additional levies that have affected trade with partners such as India.
US President Donald Trump, speaking to reporters on Sunday, said that Prime Minister Narendra Modi knew he was unhappy with India's purchases of Russian oil and that Washington could raise tariffs on New Delhi "very quickly."
Trump said US oil companies will spend billions of dollars to rebuild Venezuela’s crumbling energy infrastructure and restore the nation’s oil sector to its former glory.
Trump said US oil companies will spend billions of dollars to rebuild Venezuela’s crumbling energy infrastructure and restore the nation’s oil sector to its former glory.
The possibility of revived oil production under US oversight, the unlocking of long-stuck Indian investments, and the broader geopolitical implications of regime change have put India in a delicate position.
The benchmark index rose 0.2%, with eight of 11 sectors in the green, led by energy and industrials. Consumer discretionary, communications and consumer staples declined.
Of the vessels identified by the Treasury Department Wednesday, only one has been anywhere close to Venezuela lately, according to ship-tracking data — the Rosalind, which typically is involved in short-haul trips known as cabotage.
The unrest poses a major challenge for Iran’s leadership, which is already under pressure after Israeli and US strikes on nuclear-linked facilities and renewed economic sanctions.
In about 10 months, payroll addition has nearly stagnated and unemployment rate has picked up, but GDP and consumption data continue to surprise on the upside, despite tariff headwinds
From slapping tariffs on goods reaching US from countries around the world to projecting himself as a peacemaker in several global conflicts, Trump has made headlines throughout 2025.
The Russian government also extended the ban through the same date to export diesel, marine fuel and other gasoils for non-producers
New Delhi and Washington have been working to thrash out a trade agreement, which India hopes will bring relief from a 50% tariff imposed by President Donald Trump on some of its main exports as punishment for its Russian oil purchases.
The Trump administration has made developing domestic production capacity for permanent magnets and other rare earth products a key priority after China spent years building a global monopoly.
Three Asian suppliers account for over 90% of America’s festive merchandise imports, exposing Christmas shopping to trade shocks
Washington in July slashed the tariff faced by Southeast Asia’s largest economy from 32 percent to 19 percent, but discussions over the details of the deal have been ongoing since then.
India has been seeking partners that offer market access without direct competition and provide long-term diversification opportunities. From India’s standpoint, the deal with New Zealand fits squarely into this strategy.
After a sluggish start to the year, the Modi government has moved decisively over the past four months, cutting consumption taxes and implementing overhauled labor codes — policy changes that businesses have long sought.
The US says it is part of a fleet of so-called ghost vessels used to prop up Russia’s energy sector by moving crude and petroleum products in ships that sail undetected because they often turn off and spoof transponder signals.