A significant legal challenge has emerged against President Trump’s aggressive trade policies, with a federal court ruling his sweeping tariffs on global imports overstep presidential authority. The U.S. Court of International Trade in Manhattan determined Wednesday that Trump global tariffs imposed on multiple countries violated constitutional provisions granting Congress exclusive power to regulate foreign commerce….
The United States risks losing one of its most valuable economic assets as new visa restrictions threaten the flow of international students to American universities. Current data reveals these students contribute a staggering $44 billion annually to the US economy, supporting hundreds of thousands of jobs across all fifty states. This financial lifeline now faces…
The United States has temporarily suspended plans to implement steep 50% tariffs on European Union goods, announcing an EU tariffs delay that pushes the potential trade measures back to July 9. President Donald Trump revealed the decision following what he described as a constructive conversation with European Commission President Ursula von der Leyen, marking another…
Recent data reveals a noticeable US tourism decline directly correlated with nations most affected by the Trump administration’s trade tariffs. Online travel platform Trivago reports travelers from several key markets are deliberately excluding American destinations from their itineraries, with economic tensions creating ripple effects across the global travel sector. The trend reflects growing apprehension among…
President Donald Trump has escalated trade tensions with Europe by threatening to impose steep 50 percent tariffs on European Union goods beginning June 1, 2025. The surprise announcement came Friday as Trump declared negotiations with EU counterparts had completely stalled, marking a dramatic reversal just two weeks after he reduced tariffs on Chinese imports to…
India and the United States are making significant progress toward a phased bilateral trade agreement that could see an interim pact finalized before July’s tariff deadlines. The proposed India-US trade deal, currently structured in three implementation phases, aims to address market access for manufactured goods and agricultural products while navigating complex tariff disputes. Government sources…
In a significant development for regional connectivity, Afghanistan has formally agreed to join the China-Pakistan Economic Corridor during high-level trilateral talks in Beijing. The agreement that Afghanistan joins CPEC marks a strategic expansion of China’s Belt and Road Initiative, bringing the Taliban-led government into a major infrastructure network despite its lack of formal recognition by…
Elon Musk, the billionaire entrepreneur and prominent supporter of former President Donald Trump, has declared plans to substantially decrease his political donations in coming years. This decision comes after Musk contributed approximately $300 million during the last election cycle to support Trump’s campaign and other Republican candidates, establishing himself as one of the party’s most…
India’s aspirations to establish itself as the world’s next manufacturing powerhouse have encountered significant obstacles following the unexpected warming of trade relations between the United States and China. This development deals a substantial blow to India manufacturing hub ambitions that had gained momentum in recent months, particularly after Apple signaled potential plans to relocate iPhone…
The world’s largest retailer Walmart has confirmed plans to raise prices on select merchandise as escalating import costs from recent tariff policies eat into profit margins. This move toward Walmart tariff price increases comes as the retail giant attempts to balance consumer affordability with the financial pressures of the Trump administration’s trade policies affecting global…
