'Financial ruin' for US? What happens if Trump tariffs are struck down by court — Explained
Saturday, 30 August 2025 () A US federal court has dealt President Trump a blow, ruling his sweeping tariffs illegal, stating he exceeded his authority by declaring trade deficits as national emergencies. While the tariffs remain during appeal to the Supreme Court, businesses face continued uncertainty. A potential $159 billion refund looms if the ruling stands, weakening Trump's negotiating power.
A U.S. appeals court has ruled that many of President Trump’s global tariffs were imposed illegally, dealing a major setback to his trade agenda. The 7-4 ruling found Trump overstepped his authority by using emergency powers to levy duties, though tariffs remain in place until October pending...
Russian President Vladimir Putin praised U.S. President Donald Trump’s sense of humor in a rare candid moment, referencing Trump’s Victory Day post. Putin reaffirmed that his invitation for Trump..
A U.S. federal judge has blocked Donald Trump’s controversial plan to deploy National Guard troops in Los Angeles, calling it an overreach of presidential power. The decision halts what critics..
U.S. President Donald Trump is signaling a tougher stance on Russia as Treasury Secretary Scott Bessent warned that all options remain open for new sanctions amid Moscow’s intensified bombardment of..