Washington, Feb 28 (IANS) US Senate Democrats accused President Donald Trump of deepening a farm and food affordability crisis, arguing that his tariff policies have handed China leverage in global agriculture while driving up grocery prices at home.Releasing a new report titled “Trump’s Broken Promises: Devastating America’s Farmers and Working Families,” Democrats said Trump’s trade war with Beijing has sharply curtailed US export markets and forced American farmers into financial di…
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Washington, Feb 26 (IANS) US Senate Republicans and Democrats traded sharp accusations on tariffs, Iran, and a possible government shutdown, laying bare deep divisions a day after President Donald Trump’s State of the Union address. Talking to reporters after a closed policy luncheon on Wednesday (local time), Senate Majority Leader John Thune said Republicans were focused on “securing the border”, “providing monumental historic tax relief to the American people”, and “making sure th…
Washington, Feb 25 (IANS) US President Donald Trump declared that America was “winning again,” touting sweeping tax cuts, what he called the “strongest and most secure border in American history,” and a new policy to shield consumers from rising electricity costs linked to artificial intelligence.“For all these reasons, I say tonight—Members of Congress, the state of our union is strong,” Trump said in his State of the Union address.On the economy, Trump said his administration had del…
Washington, Feb 23 (IANS) US President Donald Trump on Monday asserted that he does not require fresh approval from Congress to impose tariffs, even as India delayed sending a planned trade delegation to Washington amid uncertainty following a Supreme Court decision annulling tariffs imposed under his administration. “As President, I do not have to go back to Congress to get approval of Tariffs. It has already been gotten, in many forms, a long time ago!” Trump wrote on Truth Social.He added…
Washington, Feb 23 (IANS) US Trade Representative Jamieson Greer said the Trump administration has “very durable tools” to keep its tariff-driven trade strategy intact after the Supreme Court struck down most of President Donald Trump’s sweeping tariffs, insisting the White House is now focused on “continuity” as it shifts to other legal authorities and investigations. In an interview to a top US media portal on Sunday, Greer said the Trump administration had prepared “backup plans” in case the …
New Delhi, Feb 21 (IANS) Opposition leaders in India on Saturday welcomed the decision of the US Supreme Court striking down tariff measures imposed during the tenure of US President Donald Trump, terming the verdict significant for global trade and rule-based economic order.Aam Aadmi Party (AAP) MP Ashok Mittal also referred to fluctuations in tariff levels in recent years.“On August 27, 2025, the US increased the tariff from 25 per cent to 50 per cent. Earlier, under the interim trade deal b…
New Delhi, Feb 21 (IANS) Calling the US decision to reduce tariffs to 10 per cent a ‘very positive development’ for emerging markets, an expert on Saturday said the move helps normalise global trade and brings much-needed clarity to businesses and investors.Speaking to IANS on the sidelines of an event organised by All India Management Association (AIMA) here, Vishal Kampani, Senior Vice President of AIMA and Vice Chairman & Managing Director of JM Financial Limited, said the US move to …
New Delhi, Feb 21 (IANS) After the US Supreme Court struck down reciprocal tariffs imposed by the Donald Trump administration, the White House has released a Fact Sheet, explaining that Trump has now invoked his authority under “Section 122 of the Trade Act of 1974”, which empowers the President to address certain “fundamental international payment problems” through surcharges and other special import restrictions.The Proclamation imposes, for a period of 150 days, a 10 per cent “ad va…
Washington, Feb 21 (IANS) The son of Indian immigrants who once served as America’s top courtroom advocate has emerged as the face of a landmark Supreme Court judgement that overthrew President Donald Trump’s sweeping tariffs.Neal Katyal, a former Acting Solicitor General of the United States, argued against Trump’s use of the 1977 International Emergency Economic Powers Act (IEEPA) to impose what he described as “unjust, unconstitutional taxes” on imports from nearly every trading par…
Washington, Feb 21 (IANS) US President Donald Trump used an expansive and combative news conference to respond to a Supreme Court judgment that curtailed his use of a key tariff authority, turning what might have been a defensive moment into an aggressive reaffirmation of his trade doctrine. Over more than an hour inside the James S Brady Press Briefing Room of the White House on Friday afternoon, Trump attacked the apex court, dismissed Congressional critics, signalled higher tariffs ahead, def…