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Donald Trump’s tariffs could soon be toast
Mint Bangalore
|November 07, 2025
Three justices—Samuel Alito, Brett Kavanaugh and Clarence Thomas—seemed keen to find a way to save Mr Trump's tariffs. Justice Kavanaugh noted Richard Nixon’s invocation of an earlier law to impose a 10% tariff in 1971 and a 1976 decision upholding import fees. Incol-loquy with Neal Katyal, the lawyer representing businesses opposed to the tariffs, Justice Alito mused that not all tariffs are designed to raise revenue. In his closing, Mr Sauer built on Justice Alito’s notion that tariffs are not taxes but “leverage” to coerce trading partners “to change their behaviour”.
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No sitting US president has attended an oral argument at the Supreme Court; a precedent Donald Trump chose not to break.
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Mint Bangalore
Centre to roll over electric bus and truck incentives to FY27
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Oct WPI slows to 27-month low amid food price decline
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US tariff-hit exporters get relief from RBI
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1 min
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3 mins
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Nitish Kumar to rule Bihar, again
Women voters and BJP alliance help the JD(U) return as the undisputed king in the eastern state, while the opposition floundered
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Wakefit boosts listing size, seeks pre-IPO fundraise
Home-furnishings brand Wakefit is gearing up for a ₹1,400-crore public listing in early December, three people with knowledge of the matter said.
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Sebi to revamp settlement rules, curb penalties
India’s capital markets regulator has initiated a review of its rules on case settlement to simplify calculations and address concerns on stringent conditions and inflated penalties, three people familiar with the matter said.
1 mins
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The bespoke tailor to the stars
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5 mins
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Celebrating craft in all its forms
When the Mumbai store of Moonray, a four-year-old ready-to-wear label started by Karishma Swali and her daughter, Avantika, shut down a few months ago, it seemed like it would cease to exist. But last week, the same address in the cultural district of Kala Ghoda opened the doors to Chorus, a brand by the mother-daughter duo that expands the Moonray universe to include ready-to-wear, couture, skincare, and a café with craft at the centre.
4 mins
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Revenue climbs as Marico adjusts to GST rate changes
Homegrown packaged goods company Marico Ltd said the revised goods and services tax (GST) rate cuts introduced in September led to a temporary disruption in trade channels, resulting in destocking at the end of the quarter. Demand trends, however, remained steady in July and August.
1 mins
November 15, 2025
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