Tuesday, August 19, 2025

Creating liberating content

Ali Ghodsi, CEO of Databricks speaks on CNBC. CNBC Databricks

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy

The Coinbase logo is displayed on a mobile phone screen

Related News

Ali Ghodsi, CEO of Databricks speaks on CNBC. CNBC Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it’s raising a funding round that

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds |

The Coinbase logo is displayed on a mobile phone screen with stock market percentages in the background. Idrees Abbas | Sopa Images | Lightrocket | Getty Images Crypto stocks suffered

ITR filing: Taxpayers who miss the regular deadline for filing their income tax return get an additional chance through the updated income tax return (ITR-U) facility, introduced under Section 139(8A)

Union Minister Nitin Gadkari on Tuesday said the government’s aim is to make India’s automobile industry the number one in the world within the next five years.Launching a report prepared

The proposed revamp of the Goods and Services Tax (GST) into a two-tier structure with lower levies on household goods could lift consumption by Rs 1.98 lakh crore but also

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

‘Blatantly wrong’: Donald Trump administration blasts US court ruling blocking tariffs; says trade policy will continue

Word Count: 652 | Estimated Reading Time: 4 minutes


‘Blatantly wrong’: Donald Trump administration blasts US court ruling blocking tariffs; says trade policy will continue
Donald Trump has sought to restructure America’s international trade relationships. (AI image)

The Donald Trump administration has lashed out at a US trade court ruling striking down the President’s reciprocal tariffs. The White House has said that the US trade policy will continue and the government is reviewing other avenues as well.The Trump administration sharply criticised a federal court’s ruling on Thursday that blocked numerous broad-ranging tariffs, dealing a significant blow to the presidential trade agenda.Since his return to office in January, Donald Trump has sought to restructure America’s international trade relationships, employing tariffs as a diplomatic tool to bring other governments into negotiations.However, the inconsistent implementation of these reciprocal tariffs, affecting both allies and adversaries alike, has created instability in markets and disrupted supply chains.Also Read | Donald Trump’s trade policy thrown into turmoil! Will countries like India, China be tempted to hold off tariff talks?On Wednesday, the Court of International Trade’s three-judge panel determined that Donald Trump had exceeded his legal authority and prohibited most of the tariff measures implemented during his second term.The Trump administration has denounced the court ruling as ‘blatantly wrong’ through social media channels, stating their belief that the ruling would not survive an appeal.Legal representatives of the Trump administration have initiated an appeal process, responding to the court’s mandate giving them 10 days to cease the affected tariff collections.“Nothing’s really changed,” said Peter Navarro, the President’s trade adviser, in conversation with Bloomberg Television.“If anybody thinks this caught the administration by surprise, think again,” he further remarked.Senior officials from the Trump administration expressed confidence on Thursday regarding the appeal of a US trade court decision that halted President Donald Trump’s most comprehensive tariff measures. They maintained that alternative legal options remain available for implementation during this period.Also Read | ‘Overstepped his authority…’: What are the scathing observations made by US trade court in ruling against Donald Trump’s tariffs?





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account