Category: Politics
Supreme Court’s Tariff Ruling Challenges Trump’s Trade Strategy, ETCFO
By Andrea Shalal WASHINGTON, – The U.S. Supreme Court’s decision to strike down a large swath of President Donald Trump‘s tariffs has weakened his ability to threaten and impose tariffs at a moment’s notice, but it won’t end gnawing uncertainty for trade partners or companies. Trump responded within hours to the ruling on Friday, slapping a […]
Trump announces 10% global tariff on top of existing duties after Supreme Court setback, ETCFO
US President Donald Trump on Friday said a 10 per cent global tariff would be imposed on top of existing import duties–for a period of about 5 months, signalling an escalation of his trade policy despite a setback from the Supreme Court of the United States. “10% global tariff to be imposed on top of other […]
India-US trade deal unchanged, New Delhi still pays tariffs, Trump says, ETCFO
U.S. President Donald Trump said tariffs on India will remain unchanged at 18%, signalling continuity in trade policy despite the recent setback to his broader tariff regime. Speaking after the U.S. Supreme Court struck down key elements of his global tariff framework, Trump indicated that India would not see any immediate relief, stressing that existing terms […]
What is Section 122 of the US Trade Act of 1974, Trump’s latest tariff weapon for 10% extra duty on the world, ETCFO
US President Donald Trump said his administration would impose a 10 per cent global tariff under Section 122 of the Trade Act of 1974, adding that the duties would be levied “over and above” tariffs already in place. The announcement marks a shift in the statutory basis for the administration’s trade measures. Trump said the new […]
Niti Aayog Report Calls for Enhanced Post-Apprenticeship Benefits and ITI Upgrades, ETCFO
New Delhi, A Niti Aayog report on Friday proposed strengthening post-apprenticeship benefits, and accelerating the adoption and upgradation of industry-aligned ITIs. The report, Revitalizing Apprenticeship Ecosystem: Insights, Challenges, Recommendations and Best Practices, presents an analysis of India’s apprenticeship landscape. The report provides insights, identifies challenges, and outlines actionable recommendations to strengthen the apprenticeship system as a […]
Govt announces seven measures to help boost exports, ETCFO
The government has launched a significant export promotion mission. Seven new measures are introduced to boost India’s outbound shipments. The government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade instruments, with an aim to promote the country’s outbound shipments. These measures are part of the ₹25,060 crore export […]
US Supreme Court Overturns Trump’s Tariff Policies, Impacting Global Trade, ETCFO
The US Supreme Court on Friday delivered a significant blow to President Donald Trump’s economic policies, invalidating most of his sweeping tariff measures. The court ruled that the President lacked the authority under the 1977 International Emergency Economic Powers Act (IEEPA) to impose extensive import duties on goods from nearly all US trading partners. This decision […]
India Set to Launch Rare Earth Permanent Magnet Production by Year-End, ETCFO
India aims to start producing rare earth permanent magnets by the end of the year in partnership with the private sector, the federal mining minister said on Thursday, as the Asian country seeks to lower imports of critical industrial inputs. New Delhi approved a 73 billion rupee ($802 million) rare earth permanent magnets manufacturing programme in […]
Russia Defends India’s Continued Purchase of Russian Oil Amid U.S. Claims, ETCFO
Moscow: Russia’s Foreign Ministry on Wednesday said it has “no reason” to believe that India has changed its position on buying Russian oil, which it said is beneficial for both countries and maintains stability in the global hydrocarbons market. The remarks came in the backdrop of Washington’s claim that New Delhi has agreed to stop importing […]
France to welcome more Indian students with simplified visa processing, ETCFO
During his visit, Macron and Union Health Minister JP Nadda inaugurated the Indo-French Campus on AI in Global Health at AIIMS, a project aimed at advancing research, innovation, and capacity building in artificial intelligence-driven healthcare solutions. France will simplify visa and sourcing procedures for Indian students and expand English-taught courses, French President Emmanuel Macron announced on […]
