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Trump tariffs
About Trump tariffs
PLI scheme shines for electronics, but questions linger over its future
The production-linked incentive scheme for large-scale electronics manufacturing, due to end on March 31, has propelled India as the second-largest smartphone maker in the world. What's its future?
Plan B for tariffs: USTR investigations are aimed at restricting imports
After the courts blocked earlier tariffs, the Trump administration turns to Section 301 probes to justify new duties-putting India and other major trading partners under scrutiny
Updated On: Mar 15 2026 | 10:42 PM ISTTrump tariffs will cost US households more than $2,500 this year: Democrats
Trump last year invoked the 1977 International Emergency Economic Powers Act (IEEPA) to impose double-digit tariffs on almost every country on Earth
Updated On: Mar 13 2026 | 2:58 PM ISTUS launches 'forced labour' trade probe against 60 nations, including India
The US Trade Representative has launched an unfair trade practices probe into 60 countries, including India, alleging failure to block imports of goods produced using forced labour
Updated On: Mar 13 2026 | 10:09 AM ISTLatest Updates on Trump tariffs
In a defeat for the Trump administration, a federal judge in New York ruled Wednesday that companies that paid tariffs struck down last month by Supreme Court are due refunds. Judge Richard Eaton of the US Court of International Trade wrote that "all importers of record'' were "entitled to benefit'' from the Supreme Court ruling that struck down sweeping double-digit import taxes President Donald Trump imposed last year under the 1977 International Emergency Economic Powers Act (IEEPA). The Supreme Court found those tariffs to be unconstitutional under the emergency powers law, including the sweeping "reciprocal" tariffs he levied on nearly every other country. The majority ruled that the president could not unilaterally set and change tariffs because taxation power clearly belongs to Congress. In his ruling, Eaton wrote that he alone "will hear cases pertaining to the refund of IEEPA duties.'' The ruling offers some clarity about the tariff refund process, something the Supreme Cou
A federal court on Monday rejected the Trump administration's attempt to slow the process of refunding billions of dollars' worth of tariffs the Supreme Court struck down as illegal last month. The US Court of Appeals for the Federal Circuit started the next phase in the refund process by sending it to a lower court to sort out. In a court filing Friday, Trump's Justice Department had urged the Federal Circuit to proceed cautiously and hold off for 90 days. But the judges refused. The Supreme Court ruled Feb 20 that Trump's sweeping tariffs on most countries in the world were illegal, clearing the way for the importers who paid them to seek refunds. The government had collected more than USD 130 billion from the tariffs by mid-December, and could ultimately be on the hook for refunds worth USD 175 billion, according to calculations by the Penn Wharton Budget Model. But the Supreme Court offered no guidance on refunds; its decision did not even mention them. Now the US Court of ...