Newsom, who is widely expected to be a presidential contender for the Democratic Party, said the money Trump's tariffs had raised had come from the pockets of US voters -- and should be refunded
President Trump will visit China from March 31 to April 2 to meet Xi Jinping amid trade tensions and a recent tariff truce, aiming to extend negotiations on trade, tariffs and economic cooperation.
The US Supreme Court struck down President Donald Trump’s broad tariffs under IEEPA, prompting reactions worldwide. Canada called them “unjustified,” while German industry hailed the ruling as a signal for rules-based trade.
The Supreme Court blocked President Trump’s emergency tariffs, ruling he exceeded authority, raising questions over trade stability and potential economic fallout ahead of the election, as Democrats and Republicans weigh political implications.
Trump Tariffs News: More than $8 billion worth of Indian exports will continue to face US tariffs, even after the court ruling, as several duties fall outside the scope of the struck-down emergency powers.
Ahead of the ruling, traders digested a batch of data pointing to weaker-than-expected economic activity and persistent inflation in the US economy.
The court said that Trump exceeded his authority by invoking the International Emergency Economic Powers Act to justify his sweeping “reciprocal” duties targeting America’s trading partners, as well as separate levies aimed at China, Canada and Mexico.
US Treasury yields climbed after the ruling as traders focused on the revenue from the levies, which has improved the US fiscal position.
US President Donald Trump hinted at a possible limited strike on Iran amid ongoing nuclear talks, as Tehran prepares draft proposals and both sides maintain military posturing in the Gulf.
Trump Tariffs News: Administration officials had earlier prepared the president for the possibility of an adverse ruling, assuring him that alternative ways existed to pursue his trade agenda even if the tariffs were invalidated.
The Supreme Court of the United States has struck down global tariffs imposed by U.S. President Donald Trump under emergency authority, ruling that the move went beyond presidential powers. In a 6–3 decision, the court said tariff authority rests with Congress and requires clear legislative approval. The case followed legal challenges by businesses and multiple states, and the ruling could affect tariff collections and future U.S. trade actions.
The strange thing about Trump’s emergency tariffs: nobody tried this for 50 years.
The Supreme Court struck down Trump’s emergency tariffs under IEEPA, putting $175 billion in collections at risk of refunds, while Treasury plans for reimbursement and alternative tariff measures.
In September last year, Treasury Secretary Scott Bessent said Washington had multiple fallback options if the courts curtailed the use of emergency powers to impose tariffs.
US stocks rose after the Supreme Court struck down Trump’s tariffs, offsetting weak GDP and sticky inflation signals that cloud the economic outlook.
The ruling is expected to reinforce the Congress’s constitutional authority over taxation and trade.
Trump Tariffs Struck Down: In a 6–3 decision, the US Supreme Court court held that the International Emergency Economic Powers Act "does not authorise the President to impose tariffs."
In recent weeks, renewed attention has followed the testimony of Rina Oh, who spoke publicly for the first time about what she endured in the late 1990s.
The International Atomic Energy Agency’s board is scheduled to hold a five-day meeting in Vienna starting on March 2
Hamas insists any Gaza talks must start with a halt to Israeli “aggression” and lifting the blockade, while Trump’s Board of Peace plans reconstruction contingent on militants’ disarmament.
The viral video has shifted public attention from the substance of the discussions to the optics surrounding the US President’s appearance during the event.
Pakistan Defence Minister Khawaja Asif calls the country a ‘hybrid government’ in an interview with France 24, denying military rule despite Army’s expanded powers.
A proposed US-Saudi nuclear deal could allow uranium enrichment within the kingdom, raising proliferation concerns amid Iran tensions, as experts warn it may open a pathway to potential weaponisation despite safeguards.
The decision will determine whether the Trump tariffs are lawful or whether they should be struck down as an unconstitutional overreach of executive authority.
US GDP grew 1.4% annualised in late 2025, missing 2.5% forecasts and potentially adding pressure on the Federal Reserve to consider rate cuts.
What should have been a routine state funeral has instead turned into a bitter struggle between Lungu’s family and the man who defeated him at the polls and now leads the country, President Hakainde Hichilema.
IMF Managing Director Kristalina Georgieva praised India’s AI leadership, saying artificial intelligence could lift global growth, while warning of “tsunami-like” labour disruption and urging faster digital adoption and skills development.
US visa news: While the overall wait for Indian applicants remains long, these advances offer real, tangible relief to thousands who have been stuck for years.
An activist investor says the market is missing a crucial detail about TOTO’s business, and it has little to do with bathrooms.
A shirt designed to look scorched has reignited an old argument about whether luxury fashion is still speaking to reality.
The decision comes just days after BNP chief Tarique Rahman assumed office as Bangladesh’s prime minister, underscoring Dhaka’s intent to stabilise relations with New Delhi early in the new government’s tenure.
At least 33 people were killed after suspected Lakurawa militants launched coordinated attacks in Kebbi state, crossing from Sokoto, as Nigeria grapples with a deepening security crisis and rising armed violence.
NASA classifies Boeing’s 2024 Starliner mission as a top-severity mishap, citing thruster failures and leadership lapses that stranded astronauts.
A throwaway parenting remark by the former UK prime minister has reopened a bigger debate about manners, machines, and what children learn from everyday technology.
The images are meant to send a blunt message about how Pyongyang plans to fight a regional war, not a distant one.
Survivor Rina Oh recounts alleged abuse, threats and isolation by Jeffrey Epstein, urging US authorities to question all those named in related files, including President Donald Trump, under oath.
As US forces gather near Iran, the administration has offered force without a clear explanation of purpose, timing, or endgame.
For a country struggling to separate sport from politics, Munir’s growing footprint exposes an uncomfortable truth. In Pakistan, even cricket and hockey now answer to Rawalpindi.
The impact could rise to as much as 60 per cent in advanced economies, while for India the figure is expected to be lower, around 26 per cent.
The visit will be a part of the Quad diplomacy, the Envoy highlighted
The argument isn’t really about belief. It’s about who is using which version of AI, and for what kind of work.
Ricardo Salinas borrowed against Grupo Elektra shares to buy crypto. He now alleges the lender sold his collateral, pocketed hundreds of millions, and hid behind dense contracts and offshore structures.
A new bill seeks answers for hundreds of children who died in state custody and were buried, largely unmarked, in a neglected graveyard.
Satellite images, command reshuffles, and naval brinkmanship suggest Tehran is planning for war even as talks limp on.
Quentin Deranque died after being attacked last week on the sidelines of a far-right protest at a university in the city of Lyon.
The agreement between Washington and Islamabad was negotiated by US special envoy Steve Witkoff under the leadership of President Donald Trump
At the first meeting of his Board of Peace on February 19 in Washington, U.S. President Donald Trump emphasized international cooperation on major global conflicts. He asked Pakistani Prime Minister Sharif to stand and noted that Indian Prime Minister Narendra Modi was watching, highlighting the importance of Pakistan-India relations. Trump announced that nations had contributed $7 billion to a Gaza reconstruction fund, intended to rebuild the enclave once Hamas disarms and Israeli troops withdraw.
In the same video, another soldier says that he joined the Pakistani army in 2025 and reveals details about his army number, division and past postings.
Amazon and Walmart compete head-to-head for shoppers’ dollars.
Trump's latest claim that 11 jets were shot down during Operation Sindoor contradicts his own statements from the past.