Last mentioned: 6h ago
Talks Postponed
India and US reschedule the Feb 23 chief negotiator meeting in Washington DC.
Tariff Escalation
Trump imposes 10% (later 15%) tariffs on all countries for 150 days.
Framework Reached
India and US announce a framework for an interim trade agreement.
SCOTUS Ruling
US Supreme Court strikes down President Trump's unilateral tariff-imposing powers.
Original Target
Initial implementation date for the trade pact, now likely delayed.
Geneva Summit
Scheduled meeting between Abbas Araghchi and Steve Witkoff to discuss nuclear terms.
Market Reaction
Anticipated volatility in trade-sensitive sectors as investors digest the legal shift.
Araghchi Interview
Iran's Foreign Minister signals a draft proposal is ready for diplomatic review.
Path Forward
Expected announcement of new executive orders designed to comply with the ruling while maintaining trade pressure.
Trump Response
Trump issues a statement lashing out at the judiciary for 'selling out' American workers.
Schiff Analysis
Peter Schiff publishes a critique of the protectionist narrative, stating no country is 'ripping off' the U.S.
New 10% Tariff Signed
Trump signs a document imposing a new 10% global tariff, effective almost immediately.
15% Target Announced
The administration signals a move toward a 15% global tariff rate during a press conference.
Tariff Retaliation
Trump announces a 15% global tariff and criticizes the 'disloyal' judiciary.
SCOTUS Ruling
The Court issues its decision limiting the President's tariff powers.
SCOTUS Ruling Issued
The Supreme Court limits the President's power to impose tariffs under national security claims.
SCOTUS Ruling Issued
The Supreme Court strikes down the administration's use of IEEPA for broad trade tariffs.
White House Response
President Trump calls the ruling a 'disgrace' and vows immediate action to protect U.S. industry.
SCOTUS Ruling
Supreme Court strikes down emergency tariff powers used by the executive branch.
Oral Arguments
SCOTUS hears arguments on the constitutionality of executive-led trade duties.
Negotiations for an interim India-US trade pact have been indefinitely postponed following a landmark US Supreme Court ruling that limits executive authority over tariffs. The delay comes as President Trump imposes a 150-day emergency tariff of 15% on all imports, including those from India.
The U.S. faces a dual-front crisis as the Supreme Court strikes down emergency tariff powers, prompting President Trump to retaliate with a 15% global levy. Simultaneously, Iran signals a potential diplomatic breakthrough in Geneva despite the largest U.S. military buildup in the Middle East since 2003.
President Trump has launched a scathing critique of the Supreme Court following a landmark ruling that restricts his executive authority to impose sweeping trade tariffs. The decision marks a significant check on the administration's 'America First' economic agenda and has triggered immediate volatility across global markets.
The U.S. Supreme Court has invalidated the Trump administration’s sweeping tariffs imposed under the International Emergency Economic Powers Act (IEEPA), ruling them an unconstitutional overreach of executive authority. President Trump immediately retaliated by signing a new 10% global tariff and labeling the court's decision a 'disgrace to the nation.'
A landmark Supreme Court ruling limiting executive tariff authority has drawn a sharp rebuke from Donald Trump, while economist Peter Schiff challenges the underlying protectionist logic. The decision marks a significant shift in trade policy power, potentially altering the landscape for global supply chains and domestic inflation.
President Donald Trump has dismissed a 6-3 Supreme Court ruling that declared his 'reciprocal tariffs' illegal, asserting that trade terms with India will remain unchanged. Despite the judicial setback regarding executive authority under the International Emergency Economic Powers Act, the administration is seeking alternative legal pathways to enforce its trade agenda.
The U.S. Supreme Court has invalidated the Trump administration's sweeping tariff regime, ruling that the executive branch exceeded its constitutional authority. While the decision offers immediate relief to global supply chains, President Trump has already pledged to circumvent the ruling with a new wave of levies, signaling a prolonged period of trade volatility.
President Donald Trump has signaled a significant escalation in trade policy, suggesting global tariffs could rise even higher than his proposed 10% baseline. This defiance follows a Supreme Court ruling that limited the administration's executive authority to impose broad trade levies.
A landmark Supreme Court decision has fundamentally altered the President's ability to unilaterally impose tariffs, shifting power back to Congress. This ruling introduces a new era of trade litigation and forces a major recalibration of global supply chain strategies across the retail, tech, and manufacturing sectors.
President Trump has labeled a recent Supreme Court decision limiting executive tariff authority as 'deeply disappointing,' signaling a major shift in the legal landscape for U.S. trade policy. The administration is now pivoting toward a 'path forward' that may include new legislative requests and alternative executive actions to maintain its protectionist agenda.