World News

US Treasuries fall after Supreme Court scraps President Trump's tariffs

Yields rose broadly following the court's decision with the rate on the benchmark 10-year note climbing to 4.10%

Nothing changes in terms of trade deal with India: Donald Trump

Trump's remarks came after the US Supreme Court ruled that he could not rely on the International Emergency Economic Powers Act to impose sweeping tariffs on imports

'Exceeded authority': US Supreme Court strikes down Trump's global tariffs

The ruling came weeks after India and the US issued a joint statement towards an interim trade agreement on February 7 stating the contours of the deal

11 million visitors short: Inside America's continuing tourism slump

Visitors from Canada, the second-largest source of US tourism, plunged by 28 % in January compared to January 2024

Indonesia signs trade deal with Trump admin, tariffs slashed to 19%

Indonesian coffee, chocolate, natural rubber and spices would be tariff-free, the Jakarta government said

Directing govt agencies to release files on UFOs, aliens and more: Trump

Trump made the announcement hours after he accused former President Obama of disclosing 'classified information' when Obama recently suggested in a podcast interview that aliens were real

Trump will travel to China in late march for high-stakes meet with Xi

"I'm going to be going to China in April, that's going to be a wild one," Trump said Thursday during the first meeting of the Board of Peace in Washington

Trump has other tariff options after SC strikes down his import taxes

The president acted alone even though the US Constitution specifically gives the power to tax and impose tariffs to Congress

How firms can claim refunds after US Supreme Court rejected Trump's tariffs

The court did not say how the government should refund the illegal tariffs, worth an estimated $175 billion

Trump tariffs struck down: A timeline of how the trade upheaval unfolded

President Trump last year invoked emergency powers to impose sweeping tariffs on imports; A year later, the Supreme Court ruled he exceeded his authority, ending an aggressive tariff regime

Business celebrates win over Trump tariffs, but refunds may take time

Shares of affected companies reacted positively, including Europe's luxury brands from LVMH to Hermes and Italian luxury outerwear group Moncler, all of which rose after the ruling

Democrats claim victory for Americans as court rules Trump tariffs illegal

The US Supreme Court rejected the use of a national emergency law to justify broad tariffs on imported goods

Wall Street rises after US Supreme Court rules against Trump's tariffs

Shares of legacy automaker General Motors recouped some losses and were last down 0.1%, while Ford Motor was last up 1%

SC ruling on Trump's tariffs: UK expects favourable US trade to continue

UK says its lowest reciprocal tariffs and close ties will safeguard its privileged trade position with the US after the Supreme Court strikes down Trump's sweeping tariffs

EU reviews US Supreme Court decision striking down Trump's tariffs

"We take note of the ruling by the US Supreme Court and are analysing it carefully," said the spokesperson

DHL closely monitoring US tariff developments after Supreme Court ruling

Supreme Court struck down sweeping tariffs under a law meant for national emergencies

US GDP growth slows sharply in Dec quarter amid moderate consumer spending

Gross domestic product increased at a 1.4% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its advance estimate of fourth-quarter GDP

Trump's Iran ultimatum sets up potential attacks following IAEA meeting

The prospect of a war between the US and Iran has triggered a rise in oil prices, with Brent trading above $71 a barrel - near six-month highs - and on course for a 5% gain across the week

Netanyahu calls India 'gigantic power' ahead of PM Modi's Israel visit

"We will also act to tighten alliances with our allies. Next week, the Prime Minister of India will visit the country a gigantic power," Netanyahu said

Saudi Arabia may enrich uranium under proposed US deal, warn experts

The push for a Saudi-US deal comes as Trump threatens military action against Iran if it doesn't reach a deal over its nuclear program