Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Trump tariffs face top court’s scepticism, unclear future
Business Standard
|November 07, 2025
US Prez warns of global depression without levies; claims case ‘went well’
US President Donald Trump's use of broad powers to impose his signature tariffs faced a barrage of skeptical questions at the Supreme Court on Wednesday that signal it may be ready to intervene.
Businesses and countries suffering from the duties and looking for resolution, though, are set for months of uncertainty. Whether or not the high court rules Trump wrongly imposed tariffs on dozens of nations by invoking the 1977 International Emergency Economic Powers Act, the reality is that the president loves tariffs. And trade lawyers and expertssay there are plenty of other laws he can draw on to fill the gap if needed, even if none offers the immediacy Trump relishes.
This story is from the November 07, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
PE-VC investments at $33 bn in '25
Mega deals slide slightly; IT and BFSI lead sector investments
1 mins
January 01, 2026
Business Standard
RBI red-flags bank-NBFC interlink risks
Banks acquiring 80% assets through a limited number of NBFCs
2 mins
January 01, 2026
Business Standard
Precious metals outshine stocks in 2025 amid global volatility
Nearly 60% of the top 1,000 listed stocks delivered negative returns
1 mins
January 01, 2026
Business Standard
Weakness in ₹, broader equity market shrinks India's billionaire club in 2025
Top IPO promoters
3 mins
January 01, 2026
Business Standard
EV Policy 2.0: Delhi govt to meet five auto firms, Siam
Meeting scheduled on Jan 2 as capital remains in a smog of pollution
2 mins
January 01, 2026
Business Standard
Year of hope
India must aim to sustain the growth momentum
2 mins
January 01, 2026
Business Standard
Eight more cos to get incentives under auto PLI
Three vehicle makers, five auto part makers to get benefits from FY27
2 mins
January 01, 2026
Business Standard
Centre notifies revised draft rules for labour codes, seeks stakeholders' responses
The Ministry of Labour and Employment on Wednesday notified the revised draft rules for the four new Labour Codes, providing clarity on certain provisions such as gratuity payments and retrenchment of workers.
1 mins
January 01, 2026
Business Standard
Oyo parent files for ₹6,650 cr IPO via confidential route
Oyo’s parent firm Prism has filed confidential draft red herring prospectus (DRHP) papers with the markets regulator to raise up to %6,650 crore through an initial public offering (IPO), which would be the third attempt by the global travel technology company at public listing.
2 mins
January 01, 2026
Business Standard
External uncertainties may trigger outflows, Fx rate volatility: RBI
The Reserve Bank of India (RBI) has cautioned that the country's economy faces near-term risks largely from external uncertainties, including the possibility of a sharp correction in US equities that could trigger foreign portfolio outflows, heighten exchange rate volatility and tighten domestic financial conditions.
2 mins
January 01, 2026
Listen
Translate
Change font size