WASHINGTON, DC — In a landmark decision, the US Supreme Court ruled that President Donald Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing sweeping tariffs without explicit congressional approval. Authored by Chief Justice John Roberts, the ruling invalidates tariffs on key US allies, including Canada and Mexico, as well […]
Section 232
Trump set to visit China amid trade tensions after Supreme Court tariff ruling
WASHINGTON: US President Donald Trump will visit China from March 31 to April 2 for high-level talks with President Xi Jinping, a trip aimed at reinforcing the trade relationship between the world’s two largest economies. The announcement came shortly before the US Supreme Court struck down many of Trump’s sweeping tariffs, including some targeting Chinese […]
Trump slaps 25% tariff on AI chips
US President Donald Trump has imposed a 25% tariff on certain AI chips, including Nvidia’s H200 and AMD’s MI325X. The move follows a nine-month national security investigation under Section 232 of the Trade Expansion Act. White House officials said the tariffs aim to boost domestic semiconductor production and reduce reliance on foreign suppliers. The tariffs […]