Us Supreme Court

India seeks to retain tariff edge over Asian peers in US trade deal

Goyal said India is closely watching the evolving situation following the US SC's verdict, and will continue to engage with Washington for best possible opportunities in the interim trade deal

US judge orders refunds for companies after Trump tariffs struck down

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

Google settles with Epic Games with offer to cut app store commissions

Google will lower the lucrative fees imposed on its Android app store and offer a way for rival options to gain its stamp of approval, ending a bruising legal battle that led to one of several rulings condemning its tactics as an illegal monopoly. The proposed changes filed on Wednesday with a federal court in San Francisco mark the latest twist in a case that began in August 2020 when video game maker Epic Games filed an antitrust case seeking make it easier for alternative payment options to compete against Google's Play Store system, which charges 15 per cent to 30 per cent commissions on a wide variety of in-app transactions. Google's concessions come five months after the US Supreme Court refused to hear an appeal of the company's attempt to overturn a federal judge's order requiring a far more extensive overhaul of the Play Store following a 2023 trial that culminated in a jury declaring the setup an illegal monopoly. Backed into a legal corner, Google is now prepared to ...

The Supreme Court's tariff ruling changes little in US trade policy

The IEEPA tariffs were probably already illegal under World Trade Organization (WTO) rules, as they violated the principle of equal treatment

US imposes new 10% global tariff starting Tues after Supreme Court verdict

It remains unclear whether and how companies will be refunded for tariff payments made under the regime annulled by the Supreme Court

Trump eyes new trade probes to revive tariffs after court setback

The administration announced that a 10 per cent levy would be imposed beginning Tuesday morning, which Trump subsequently threatened to increase to 15 per cent

Trump's judicial battles, global fallout: Tariff verdict sparks uncertainty

The US Supreme Court decision on tariffs could mark the start of a new era of uncertainty

Trump's 10% global levy takes effect as US moves to rebuild tariff wall

Trump is applying the 10 per cent baseline levy under Section 122 of the 1974 Trade Act, which allows the president to impose the charge for 150 days without congressional approval

Assessing impact of US Supreme Court ruling on Trump's tariffs: China

China on Monday said it is conducting a comprehensive assessment of the impact of the US Supreme Court's ruling against global tariffs imposed by President Donald Trump under an emergency powers law. The Chinese Ministry of Commerce said it has noted the Supreme Court's decision declaring illegal the US government's imposition of tariffs on trading partners under the International Emergency Economic Powers Act (IEEPA) and is evaluating its relevant content and implications. Beijing's reaction came ahead of Trump's planned visit to China from March 31 to April 2 for talks with Chinese President Xi Jinping. On Sunday, US Trade Representative Jamieson Greer said he did not expect the ruling to impact Washington's talks with China. "The purpose of this meeting with President Xi is not to fight about trade. It's to maintain stability, make sure that the Chinese are holding up their end of our deal and buying American agricultural products and Boeings and other things," Greer told ABC ..

Donald Trump raises global tariffs to 15%: What Sections 122, 232, 301 mean

US President Donald Trump has raised the global baseline tariff to 15 per cent after a court setback, using older trade laws. Here's what Sections 122, 232 and 301 mean and how they allow tariffs

SC decision against Trump tariffs raises uncertainty, but markets stay calm

The Supreme Court's ruling against US President Donald Trump's tariffs has countries like China and South Korea watching for Washington's next steps, while financial markets took the news in stride. The decision announced Friday could potentially disrupt arrangements worked out in trade negotiations since Trump announced sweeping tariffs on dozens of countries in April 2025. China's Commerce Ministry said it was conducting a "comprehensive assessment of" the ruling against the tariffs Trump imposed under the International Emergency Economic Powers Act, or IEEPA. "China urges the United States to lift the unilateral tariffs imposed on trading partners," an unnamed ministry spokesman said in a statement. The statement reiterated Beijing's stance that there are no winners in a trade war and that the measures Trump had announced "not only violate international economic and trade rules but also contravene domestic laws of the United States, and are not in the interests of any party," th

A 6-3 reminder to Donald Trump that trade power flows from the Congress

The US Supreme Court curbs Donald Trump's tariff powers, reaffirming congressional authority and showing how institutional checks can still restrain populist executives

Donald Trump may turn to old trade laws after Supreme Court tariff blow

With the Supreme Court striking down Trump's use of IEEPA for tariffs, the former president may rely on older trade statutes to revive tariff action. Each carries implications for India

Best of BS Opinion: US Supreme Court tariff judgement limits Trump's power

From the US Supreme Court's ruling on Trump's tariffs to India's AI ambitions and the paradox in small-cap stocks, here are the key takeaways from today's Opinion page

Tariffs run into legal troubles but will remain at core of Trump's agenda

The US Supreme Court's tariff ruling dents Donald Trump's leverage, reshaping global trade talks and placing India in a relatively stronger negotiating position

US tariff uncertainty: Auto, medtech exporters on wait-and-watch mode

Indian auto and medical device exporters adopt wait-and-watch approach as US tariff shifts and refund uncertainty cloud shipment decisions

Xi gains leverage before Trump summit after US' Supreme Court's ruling

Xi heads into Trump summit with stronger leverage after US Supreme Court strikes down emergency China tariffs, shifting trade dynamics

India delays trade talks after US SC rejects Trump tariffs: Report

The delay came mainly from the uncertainty over tariffs following Friday's judgment, the source added

Indian-American lawyer Neal Katyal challenges Trump's 15% global tariff

This scrutiny arises in the immediate aftermath of a landmark Supreme Court ruling that struck down most of Trump's previous sweeping tariff measures

Trump's treasured negotiating edge dulled by Supreme Court's tariff ruling

The blow comes amid a perilous stretch for White House, with Trump facing criticism over his threats to acquire Greenland, violent actions by immigration officers and the fallout from Epstein files